Courier Capital LLC Raises Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Courier Capital LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 690,706 shares of the company’s stock after purchasing an additional 28,560 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 2.2% of Courier Capital LLC’s investment portfolio, making the stock its 7th biggest position. Courier Capital LLC owned 0.13% of SPDR Portfolio S&P 500 Value ETF worth $38,217,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Allworth Financial LP raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.6% in the 2nd quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock valued at $870,421,000 after buying an additional 422,591 shares in the last quarter. Valmark Advisers Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.9% in the third quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock valued at $470,762,000 after acquiring an additional 236,642 shares during the last quarter. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 500 Value ETF by 5.7% during the second quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock valued at $376,410,000 after purchasing an additional 390,643 shares in the last quarter. Bank of America Corp DE raised its position in SPDR Portfolio S&P 500 Value ETF by 5.5% during the second quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock valued at $339,083,000 after purchasing an additional 337,506 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% during the second quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock worth $304,674,000 after purchasing an additional 80,477 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $58.18 on Monday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $58.50. The stock’s fifty day moving average price is $56.90 and its two-hundred day moving average price is $55.29. The company has a market cap of $32.36 billion, a PE ratio of 20.50 and a beta of 0.89.

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. 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.