Rockline Wealth Management LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Rockline Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the second quarter, HoldingsChannel reports. The institutional investor purchased 3,935 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Engines Advisors L.L.C. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 1st quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock valued at $4,024,815,000 after acquiring an additional 595,377 shares during the period. Ameriprise Financial Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 11.8% in the first quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after buying an additional 949,699 shares during the last quarter. Valmark Advisers Inc. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 4.1% in the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock worth $432,936,000 after buying an additional 326,580 shares during the period. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 500 Value ETF by 25.0% during the 1st quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock worth $347,327,000 after buying an additional 1,360,243 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.3% during the 1st quarter. Raymond James Financial Inc. now owns 5,740,575 shares of the company’s stock valued at $293,171,000 after acquiring an additional 237,417 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $55.88 on Tuesday. The company has a market capitalization of $30.11 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.75. The firm’s fifty day simple moving average is $55.16 and its 200-day simple moving average is $52.91.

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.