Wealth Enhancement Advisory Services LLC Raises Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 822,699 shares of the company’s stock after buying an additional 11,758 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $40,098,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYV. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 202.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after purchasing an additional 8,776,348 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $152,867,000. Quotient Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $109,990,000. Cetera Investment Advisers raised its stake in SPDR Portfolio S&P 500 Value ETF by 209.0% in the 1st quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after purchasing an additional 1,711,930 shares during the last quarter. Finally, First National Trust Co lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 159.5% in the fourth quarter. First National Trust Co now owns 2,299,997 shares of the company’s stock worth $107,249,000 after buying an additional 1,413,786 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV traded up $0.22 during mid-day trading on Wednesday, reaching $50.25. 466,322 shares of the company’s stock were exchanged, compared to its average volume of 2,594,289. The company’s 50-day moving average is $49.49 and its 200-day moving average is $48.86. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $51.43. The firm has a market capitalization of $21.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.