CIBC Bancorp USA Inc. Purchases New Position in SPDR Portfolio S&P 500 Value ETF $SPYV

CIBC Bancorp USA Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 197,509 shares of the company’s stock, valued at approximately $10,928,000.

Other hedge funds have also bought and sold shares of the company. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock worth $4,522,086,000 after buying an additional 642,820 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock valued at $474,565,000 after buying an additional 304,642 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of 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 worth $470,762,000 after acquiring an additional 236,642 shares during the period. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the third quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock worth $412,574,000 after acquiring an additional 264,960 shares during the period. Finally, UBS Group AG boosted its position in SPDR Portfolio S&P 500 Value ETF by 10.0% during the third quarter. UBS Group AG now owns 7,272,363 shares of the company’s stock worth $402,380,000 after purchasing an additional 662,367 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $56.39 on Friday. The stock has a market capitalization of $31.43 billion, a PE ratio of 20.50 and a beta of 0.89. The business has a 50 day simple moving average of $58.38 and a 200-day simple moving average of $56.78. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $59.75.

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.