JDM Financial Group LLC Buys 7,581 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

JDM Financial Group LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 96,948 shares of the company’s stock after buying an additional 7,581 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 3.5% of JDM Financial Group LLC’s portfolio, making the stock its 8th largest position. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,857,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the first quarter. Allworth Financial LP now owns 19,403,272 shares of the company’s stock worth $972,104,000 after acquiring an additional 846,517 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 202.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock worth $611,669,000 after acquiring an additional 8,776,348 shares in the last quarter. UBS Group AG increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.3% in the fourth quarter. UBS Group AG now owns 6,520,757 shares of the company’s stock worth $304,063,000 after acquiring an additional 442,720 shares in the last quarter. CWM LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% in the first quarter. CWM LLC now owns 4,920,831 shares of the company’s stock worth $246,534,000 after acquiring an additional 576,063 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 23.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 4,636,515 shares of the company’s stock worth $216,201,000 after acquiring an additional 866,145 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.52 during trading hours on Thursday, hitting $50.49. The company’s stock had a trading volume of 2,589,534 shares, compared to its average volume of 2,425,716. The company has a market capitalization of $21.88 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $51.27. The stock has a 50 day moving average of $49.21 and a 200 day moving average of $48.37.

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.