Northwest Wealth Advisors LLC Invests $9.66 Million in SPDR Portfolio S&P 500 Value ETF $SPYV

Northwest Wealth Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 170,052 shares of the company’s stock, valued at approximately $9,661,000. SPDR Portfolio S&P 500 Value ETF comprises 7.5% of Northwest Wealth Advisors LLC’s holdings, making the stock its 4th largest holding.

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 SPDR Portfolio S&P 500 Value ETF by 0.8% in the third 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 purchasing an additional 642,820 shares during the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Value ETF by 2.0% in the fourth quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock valued at $1,118,890,000 after purchasing an additional 382,214 shares during the last quarter. Valmark Advisers Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 2.7% in the fourth quarter. Valmark Advisers Inc. now owns 8,740,145 shares of the company’s stock valued at $496,528,000 after purchasing an additional 231,888 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock valued at $474,565,000 after purchasing an additional 304,642 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the third quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock valued at $412,574,000 after purchasing an additional 264,960 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2%

SPDR Portfolio S&P 500 Value ETF stock opened at $60.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $49.68 and a 12 month high of $60.61. The business’s 50 day simple moving average is $58.25 and its 200 day simple moving average is $57.80. The company has a market cap of $34.05 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.