Smithbridge Asset Management Inc. DE Increases Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Smithbridge Asset Management Inc. DE boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 102.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 376,632 shares of the company’s stock after purchasing an additional 190,973 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.8% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 18th biggest holding. Smithbridge Asset Management Inc. DE’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $21,396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Asempa Wealth Advisors acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $945,000. ERn Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 4th quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after acquiring an additional 31,736 shares during the period. Fifth Third Bancorp lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.8% in the 3rd quarter. Fifth Third Bancorp now owns 275,282 shares of the company’s stock worth $15,231,000 after acquiring an additional 12,700 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $10,928,000. Finally, TIAA Trust National Association raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% in the 3rd quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock worth $239,580,000 after buying an additional 506,795 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.8%

Shares of SPYV opened at $60.21 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.82 and a 1 year high of $61.49. The stock has a 50 day simple moving average of $59.48 and a 200-day simple moving average of $58.30. The stock has a market cap of $33.84 billion, a PE ratio of 20.50 and a beta of 0.82.

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.