Wealth Enhancement Advisory Services LLC Boosts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 890,742 shares of the company’s stock after buying an additional 5,301 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.21% of SPDR Portfolio S&P 500 Value ETF worth $47,085,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after buying an additional 286,795 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after buying an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $33,000. Asset Management Group Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the 2nd quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after buying an additional 1,525 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock worth $6,989,000 after buying an additional 40,830 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.6 %

Shares of SPYV stock opened at $50.42 on Friday. The company has a market cap of $21.85 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock has a 50 day simple moving average of $53.01 and a 200-day simple moving average of $51.91. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $45.64 and a 12-month high of $55.42.

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.