Strategic Financial Partners Ltd. Boosts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Strategic Financial Partners Ltd. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 34.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 295,916 shares of the company’s stock after acquiring an additional 75,528 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 7.7% of Strategic Financial Partners Ltd.’s investment portfolio, making the stock its 2nd largest holding. Strategic Financial Partners Ltd.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $15,133,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $281,432,000. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after purchasing an additional 1,696,888 shares in the last quarter. Independent Advisor Alliance lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% in the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after purchasing an additional 1,528,528 shares in the last quarter. Finally, Dynasty Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 71.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock valued at $169,294,000 after purchasing an additional 1,380,993 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $50.61 on Friday. The firm has a market cap of $24.78 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. The stock’s 50-day moving average is $52.05 and its 200-day moving average is $52.60. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42.

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.