Ameriprise Financial Inc. Boosts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,575,647 shares of the company’s stock after buying an additional 304,642 shares during the quarter. Ameriprise Financial Inc. owned 1.59% of SPDR Portfolio S&P 500 Value ETF worth $474,565,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Creative Planning boosted its position in SPDR Portfolio S&P 500 Value ETF by 6.6% in the third quarter. Creative Planning now owns 700,034 shares of the company’s stock worth $38,733,000 after purchasing an additional 43,525 shares during the last quarter. Raymond James Financial Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 1.8% in the 3rd quarter. Raymond James Financial Inc. now owns 5,924,177 shares of the company’s stock valued at $327,785,000 after purchasing an additional 103,125 shares during the period. GenWealth Group Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.7% during the 3rd quarter. GenWealth Group Inc. now owns 200,389 shares of the company’s stock valued at $11,088,000 after purchasing an additional 5,303 shares during the last quarter. Two Sigma Investments LP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $20,882,000. Finally, Squarepoint Ops LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $204,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $56.71 on Monday. The company’s 50-day moving average is $58.45 and its 200 day moving average is $56.75. The company has a market capitalization of $31.60 billion, a P/E ratio of 20.50 and a beta of 0.89. 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.

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.