Hsbc Holdings PLC lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 26.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,294 shares of the company’s stock after purchasing an additional 41,670 shares during the quarter. Hsbc Holdings PLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,265,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of SPYV. Morgan Stanley lifted its position in SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after buying an additional 10,778,683 shares during the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio S&P 500 Value ETF by 16.1% in the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after buying an additional 2,682,951 shares in the last quarter. Valpey Financial Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after acquiring an additional 2,097,544 shares during the last quarter. Royal Bank of Canada grew its position in SPDR Portfolio S&P 500 Value ETF by 38.5% during the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after acquiring an additional 1,670,152 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $68,850,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV stock opened at $60.55 on Friday. The company has a market capitalization of $34.03 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $51.70 and a one year high of $61.87. The company’s 50 day moving average price is $60.27 and its two-hundred day moving average price is $58.65.
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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