Angeles Investment Advisors LLC Buys Shares of 800 SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Angeles Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 800 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $281,432,000. Horizon Investments LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 300.5% during the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after buying an additional 4,349,903 shares during the period. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after acquiring an additional 2,253,997 shares during the last quarter. Bank of New York Mellon Corp increased its position in SPDR Portfolio S&P 500 Value ETF by 105.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after acquiring an additional 1,696,888 shares during the period. Finally, Independent Advisor Alliance raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after acquiring an additional 1,528,528 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $51.43 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42. The firm has a market cap of $25.18 billion, a PE ratio of 21.43 and a beta of 0.93. The firm’s fifty day moving average is $52.07 and its 200-day moving average is $52.56.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1798 per share. The ex-dividend date is Monday, March 24th.

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.