Empowered Funds LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 295.9% during the 1st quarter, HoldingsChannel reports. The firm owned 26,638 shares of the company’s stock after acquiring an additional 19,909 shares during the period. Empowered Funds LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of SPYV. Evelyn Partners Asset Management Ltd purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $46,000. The Manufacturers Life Insurance Company purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $18,719,000. Quantinno Capital Management LP increased its stake in SPDR Portfolio S&P 500 Value ETF by 35.3% in the 1st quarter. Quantinno Capital Management LP now owns 77,253 shares of the company’s stock valued at $4,371,000 after buying an additional 20,163 shares during the period. Gateway Wealth Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 175.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 366,709 shares of the company’s stock valued at $20,748,000 after buying an additional 233,474 shares during the period. Finally, Everest Financial Group LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $369,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV stock opened at $63.14 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $52.97 and a one year high of $63.31. The stock has a market capitalization of $36.81 billion, a PE ratio of 20.50 and a beta of 0.82. The company has a fifty day moving average of $61.49 and a 200-day moving average of $59.61.
SPDR Portfolio S&P 500 Value ETF Company 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.
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