Hopwood Financial Services Inc. Acquires New Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hopwood Financial Services Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,021 shares of the company’s stock, valued at approximately $206,000.

Several other large investors have also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd 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 during the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio S&P 500 Value ETF by 0.3% in the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock worth $1,065,781,000 after acquiring an additional 69,747 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the fourth quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock worth $392,054,000 after buying an additional 174,424 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $281,432,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.5 %

NYSEARCA SPYV opened at $50.46 on Wednesday. The stock has a market capitalization of $24.49 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The stock has a 50-day moving average of $52.11 and a 200 day moving average of $52.64. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month 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.