Financial Engines Advisors L.L.C. Buys 1,528,406 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Financial Engines Advisors L.L.C. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,214,398 shares of the company’s stock after purchasing an additional 1,528,406 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 8.4% of Financial Engines Advisors L.L.C.’s investment portfolio, making the stock its biggest position. Financial Engines Advisors L.L.C. owned about 0.18% of SPDR Portfolio S&P 500 Value ETF worth $3,999,884,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Donaldson Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $221,000. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Hobart Private Capital LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after purchasing an additional 1,881 shares during the last quarter. Harbour Investments Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.9% in the 4th quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock valued at $4,773,000 after purchasing an additional 6,822 shares in the last quarter. Finally, Wrapmanager Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% during the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,214 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.0 %

Shares of NYSEARCA SPYV opened at $51.41 on Wednesday. The firm has a 50-day simple moving average of $52.08 and a 200-day simple moving average of $52.56. The stock has a market capitalization of $25.17 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a $0.1798 dividend. The ex-dividend date is Monday, March 24th.

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.