SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Purchased by Meritage Portfolio Management

Meritage Portfolio Management boosted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 42.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 324,253 shares of the company’s stock after acquiring an additional 96,598 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.0% of Meritage Portfolio Management’s portfolio, making the stock its 17th largest position. Meritage Portfolio Management owned about 0.07% of SPDR Portfolio S&P 500 Value ETF worth $16,582,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $84,057,000. Mount Yale Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $69,902,000. Orion Portfolio Solutions LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1,525.1% in the third quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after buying an additional 1,360,461 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 113,776.3% in the third quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock worth $32,505,000 after acquiring an additional 614,392 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $52.44 on Wednesday. The firm has a market cap of $22.73 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The firm has a fifty day moving average of $52.50 and a 200 day moving average of $52.28.

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.