Benchmark Financial LLC Makes New $4.24 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

Benchmark Financial 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 disclosure with the Securities and Exchange Commission (SEC). The fund acquired 74,552 shares of the company’s stock, valued at approximately $4,235,000. SPDR Portfolio S&P 500 Value ETF accounts for 4.2% of Benchmark Financial LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $246,963,000. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Value ETF by 16.1% during the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after purchasing an additional 2,682,951 shares during the period. Wellington Management Group LLP bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $68,850,000. Corient Private Wealth LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 103.6% during the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after purchasing an additional 935,644 shares during the period. Finally, Willis Johnson & Associates Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 18.8% during the third quarter. Willis Johnson & Associates Inc. now owns 5,218,947 shares of the company’s stock worth $288,764,000 after purchasing an additional 826,017 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $59.17 on Monday. The company’s 50-day simple moving average is $57.89 and its 200 day simple moving average is $57.16. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.18 and a 52 week high of $59.75. The company has a market capitalization of $33.25 billion, a PE ratio of 20.50 and a beta of 0.84.

SPDR Portfolio S&P 500 Value ETF 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.