Courier Capital LLC Raises Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Courier Capital LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,435 shares of the company’s stock after purchasing an additional 1,591 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.1% of Courier Capital LLC’s investment portfolio, making the stock its 20th biggest holding. Courier Capital LLC owned approximately 0.08% of SPDR Portfolio S&P 500 Value ETF worth $14,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in SPYV. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 37.9% during the 1st quarter. JPMorgan Chase & Co. now owns 33,696 shares of the company’s stock worth $1,407,000 after acquiring an additional 9,258 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 643.9% in the 1st quarter. Vontobel Holding Ltd. now owns 36,970 shares of the company’s stock valued at $1,543,000 after purchasing an additional 32,000 shares during the period. Cetera Investment Advisers boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 24.2% in the 1st quarter. Cetera Investment Advisers now owns 35,099 shares of the company’s stock valued at $1,465,000 after purchasing an additional 6,849 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $631,000. Finally, Baird Financial Group Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.3% in the 1st quarter. Baird Financial Group Inc. now owns 217,240 shares of the company’s stock valued at $9,070,000 after purchasing an additional 21,971 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.6 %

Shares of NYSEARCA SPYV opened at $49.91 on Thursday. The business has a 50-day moving average price of $47.87 and a 200 day moving average price of $45.05. The stock has a market cap of $18.79 billion, a PE ratio of 13.69 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.14 and a 52-week high of $49.91.

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.