Foguth Wealth Management LLC. raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 597.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 208,486 shares of the company’s stock after purchasing an additional 178,603 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.9% of Foguth Wealth Management LLC.’s holdings, making the stock its 8th biggest position. Foguth Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,958,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in 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 buying an additional 3,176,679 shares during the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Value ETF by 2.3% in the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after purchasing an additional 461,035 shares during the last quarter. Valmark Advisers Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock worth $396,020,000 after purchasing an additional 140,498 shares during the period. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares during the last quarter. Finally, CWM LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 5.1% during the 3rd quarter. CWM LLC now owns 4,351,050 shares of the company’s stock worth $229,997,000 after purchasing an additional 211,529 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA:SPYV opened at $52.44 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The stock has a market capitalization of $22.73 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The company has a 50-day simple moving average of $52.50 and a 200-day simple moving average of $52.28.
About SPDR Portfolio S&P 500 Value ETF
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.
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