Northern Capital Management Inc. Acquires 40,393 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Northern Capital Management Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 162.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,237 shares of the company’s stock after buying an additional 40,393 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.0% of Northern Capital Management Inc.’s portfolio, making the stock its 7th biggest holding. Northern Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,610,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.6% during the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock worth $870,421,000 after purchasing an additional 422,591 shares during the period. Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the 3rd quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock worth $470,762,000 after buying an additional 236,642 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock worth $376,410,000 after buying an additional 390,643 shares during the period. Bank of America Corp DE boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock worth $339,083,000 after buying an additional 337,506 shares during the period. Finally, Raymond James Financial Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% in the 2nd quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock valued at $304,674,000 after buying an additional 80,477 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%

Shares of SPYV stock opened at $59.45 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $59.60. The company has a market capitalization of $33.13 billion, a PE ratio of 20.50 and a beta of 0.89. The firm has a 50 day moving average price of $57.75 and a two-hundred day moving average price of $55.95.

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.