Envestnet Portfolio Solutions Inc. Purchases 74,056 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 775,552 shares of the company’s stock after purchasing an additional 74,056 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.18% of SPDR Portfolio S&P 500 Value ETF worth $39,662,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYV. Donaldson Capital Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $221,000. JPMorgan Chase & Co. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd 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 lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.2% during the fourth 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 in the last quarter. Wrapmanager Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 0.6% during the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after purchasing an additional 1,214 shares during the period. Finally, Trilogy Capital Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 10.4% in the fourth quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after buying an additional 13,800 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.7 %

SPYV stock opened at $50.61 on Friday. The business’s 50-day moving average price is $52.05 and its 200-day moving average price is $52.60. The stock has a market cap of $24.78 billion, a P/E ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42.

About SPDR Portfolio S&P 500 Value ETF

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.