VMS Asset Management Limited Makes New $8.19 Million Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

VMS Asset Management Limited purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the third quarter, HoldingsChannel reports. The fund purchased 134,020 shares of the company’s stock, valued at approximately $8,193,000. SPDR Portfolio S&P 500 Value ETF accounts for approximately 3.2% of VMS Asset Management Limited’s holdings, making the stock its 10th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its stake in SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after buying an additional 5,981,186 shares during the period. Diversify Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 48.7% during the first quarter. Diversify Wealth Management LLC now owns 2,618,389 shares of the company’s stock worth $154,878,000 after acquiring an additional 857,802 shares in the last quarter. Avior Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $46,088,000. Fluent Financial LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $40,655,000. Finally, Navigation Group LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at about $30,815,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0%

NYSEARCA:SPYV opened at $62.68 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $54.44 and a 1 year high of $64.26. The stock has a 50-day moving average price of $62.79 and a two-hundred day moving average price of $61.18. The stock has a market cap of $36.58 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.