Benchmark Financial LLC Has $4.96 Million Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Benchmark Financial LLC grew its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 87,660 shares of the company’s stock after buying an additional 13,108 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.5% of Benchmark Financial LLC’s holdings, making the stock its 7th biggest position. Benchmark Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,960,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% during the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after buying an additional 10,778,683 shares in the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after acquiring an additional 2,682,951 shares in the last quarter. Valpey Financial Services LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 5,865.0% in the 4th quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock worth $121,193,000 after acquiring an additional 2,097,544 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR Portfolio S&P 500 Value ETF by 38.5% in the 4th quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock worth $341,112,000 after acquiring an additional 1,670,152 shares in the last quarter. Finally, Wellington Management Group LLP bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $68,850,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $60.61 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.86 and a 1-year high of $61.87. The company has a market capitalization of $34.06 billion, a P/E ratio of 20.50 and a beta of 0.82. The firm’s 50 day simple moving average is $60.32 and its two-hundred day simple moving average is $58.66.

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.