Park Avenue Securities LLC Raises Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Park Avenue Securities LLC grew its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 64.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,889 shares of the company’s stock after purchasing an additional 107,446 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $15,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Engines Advisors L.L.C. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after buying an additional 642,820 shares in the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after buying an additional 2,682,951 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the third quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock valued at $474,565,000 after acquiring an additional 304,642 shares during the period. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% during the third quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock valued at $470,762,000 after acquiring an additional 236,642 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the third quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock valued at $412,574,000 after acquiring an additional 264,960 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1%

NYSEARCA SPYV opened at $56.39 on Friday. The firm has a market cap of $31.43 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The business has a 50-day moving average price of $58.38 and a 200-day moving average price of $56.78. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $59.75.

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.