The Manufacturers Life Insurance Company grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 1,807.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,312,030 shares of the company’s stock after acquiring an additional 5,981,186 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 1.08% of SPDR Portfolio S&P 500 Value ETF worth $383,708,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. AQR Capital Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after acquiring an additional 8,012 shares during the period. Russell Investments Group Ltd. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after purchasing an additional 3,994 shares during the period. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $3,008,000. Qube Research & Technologies Ltd lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $295,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $62.49 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.17 and a one year high of $64.26. The company has a 50-day simple moving average of $62.70 and a 200-day simple moving average of $60.43. The firm has a market capitalization of $36.43 billion, a P/E 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.
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