381,304 Shares in SPDR Portfolio S&P 500 Value ETF $SPYV Purchased by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, HoldingsChannel reports. The fund acquired 381,304 shares of the company’s stock, valued at approximately $21,719,000. SPDR Portfolio S&P 500 Value ETF comprises 3.4% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Financial Engines Advisors L.L.C. increased 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 worth $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 16.1% in the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock valued at $1,068,593,000 after purchasing an additional 2,682,951 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. Valmark Advisers Inc. grew 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 purchasing an additional 236,642 shares during the period. Finally, JPMorgan Chase & Co. grew 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 purchasing an additional 264,960 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $56.39 on Friday. The company has a market capitalization of $31.43 billion, a P/E ratio of 20.50 and a beta of 0.89. The business has a fifty day simple moving average of $58.38 and a two-hundred day simple moving average of $56.78. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year 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.