Hills Bank & Trust Co Acquires 45,469 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hills Bank & Trust Co lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 239,185 shares of the company’s stock after purchasing an additional 45,469 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 0.9% of Hills Bank & Trust Co’s portfolio, making the stock its 28th largest holding. Hills Bank & Trust Co’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,232,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after acquiring an additional 69,747 shares in the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.3% in the 4th quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock worth $392,054,000 after acquiring an additional 174,424 shares during the last quarter. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after acquiring an additional 286,795 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $281,432,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $50.61 on Friday. The stock has a market capitalization of $24.78 billion, a P/E ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The business has a fifty day moving average price of $52.05 and a 200-day moving average price of $52.59.

About SPDR Portfolio S&P 500 Value ETF

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.