SPDR Portfolio S&P 500 Value ETF $SPYV Stock Position Raised by Allworth Financial LP

Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,313,081 shares of the company’s stock after acquiring an additional 2,682,951 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 4.7% of Allworth Financial LP’s investment portfolio, making the stock its 6th largest position. Allworth Financial LP owned about 3.57% of SPDR Portfolio S&P 500 Value ETF worth $1,068,593,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. IFP Advisors Inc grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 16.5% in the third quarter. IFP Advisors Inc now owns 38,530 shares of the company’s stock valued at $2,132,000 after purchasing an additional 5,452 shares during the last quarter. Lantern Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.3% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 15,081 shares of the company’s stock valued at $834,000 after buying an additional 616 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 7.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 197,409 shares of the company’s stock valued at $10,923,000 after buying an additional 13,790 shares during the last quarter. Capital Square LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 9.8% during the 3rd quarter. Capital Square LLC now owns 5,974 shares of the company’s stock valued at $331,000 after buying an additional 533 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $10,928,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.5%

NYSEARCA SPYV opened at $56.46 on Thursday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $59.75. The business has a fifty day moving average of $58.41 and a 200-day moving average of $56.79. The stock has a market cap of $31.47 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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. 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.