Valmark Advisers Inc. Raises Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,666,293 shares of the company’s stock after buying an additional 174,424 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 6.1% of Valmark Advisers Inc.’s portfolio, making the stock its 3rd biggest position. Valmark Advisers Inc. owned approximately 1.77% of SPDR Portfolio S&P 500 Value ETF worth $392,054,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after buying an additional 3,176,679 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% during the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after purchasing an additional 69,747 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Townsquare Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% during the 3rd quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock valued at $200,433,000 after purchasing an additional 255,672 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 9.7% during the 3rd quarter. Cerity Partners LLC now owns 3,434,863 shares of the company’s stock valued at $181,567,000 after purchasing an additional 304,598 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $52.71 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.14 and a fifty-two week high of $55.42. The stock has a market capitalization of $22.84 billion, a PE ratio of 24.09 and a beta of 0.81. The business’s 50-day simple moving average is $52.10 and its 200-day simple moving average is $52.40.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.