Northwestern Mutual Wealth Management Co. Purchases 168,784 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,098,138 shares of the company’s stock after purchasing an additional 168,784 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $119,195,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Highline Wealth Partners LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $26,000. Abich Financial Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $27,000. Finally, Triumph Capital Management bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $30,000.

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

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $61.05 on Friday. The firm has a market capitalization of $34.31 billion, a PE ratio of 20.50 and a beta of 0.82. The firm’s 50 day moving average is $58.74 and its 200 day moving average is $58.01. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.27 and a 1 year high of $61.33.

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.