SPDR Portfolio S&P 500 Value ETF $SPYV Stock Holdings Increased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1,807.9% in the second quarter, HoldingsChannel reports. The fund owned 6,312,030 shares of the company’s stock after buying an additional 5,981,186 shares during the period. The Manufacturers Life Insurance Company’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $383,708,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Meramec Financial Planners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $28,000. Signature Equity Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the period. Advisortrust Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $29,000. Triumph Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $30,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $35,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $62.49 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $54.17 and a 12 month high of $64.26. The stock has a market cap of $36.43 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The stock’s 50 day moving average price is $62.70 and its 200 day moving average price is $60.43.

SPDR Portfolio S&P 500 Value ETF 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. 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.