JPMorgan Chase & Co. Purchases 264,960 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 7,456,598 shares of the company’s stock after acquiring an additional 264,960 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $412,574,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of SPYV. JT Stratford LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.4% in the 2nd quarter. JT Stratford LLC now owns 47,303 shares of the company’s stock valued at $2,476,000 after buying an additional 185 shares in the last quarter. Altfest L J & Co. Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% during the 3rd quarter. Altfest L J & Co. Inc. now owns 10,499 shares of the company’s stock valued at $581,000 after purchasing an additional 186 shares during the period. Flagship Private Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.7% during the 2nd quarter. Flagship Private Wealth LLC now owns 27,505 shares of the company’s stock valued at $1,440,000 after purchasing an additional 197 shares during the period. Signature Estate & Investment Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.9% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 5,283 shares of the company’s stock worth $292,000 after purchasing an additional 197 shares in the last quarter. Finally, Rik Saylor Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 0.9% in the 3rd quarter. Rik Saylor Financial Inc. now owns 23,178 shares of the company’s stock worth $1,282,000 after purchasing an additional 207 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.4%

SPYV stock opened at $59.20 on Thursday. The stock has a 50-day simple moving average of $57.96 and a two-hundred day simple moving average of $56.16. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $59.75. The firm has a market capitalization of $32.99 billion, a PE ratio of 20.50 and a beta of 0.89.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.