SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Position Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,440,752 shares of the company’s stock after selling 128,971 shares during the period. JPMorgan Chase & Co. owned 1.26% of SPDR Portfolio S&P 500 Value ETF worth $278,240,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $281,432,000. Horizon Investments LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 300.5% during the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after acquiring an additional 4,349,903 shares during the period. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the fourth quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after purchasing an additional 2,253,997 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after purchasing an additional 1,696,888 shares during the period. Finally, Independent Advisor Alliance raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after purchasing an additional 1,528,528 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.5 %

Shares of SPYV opened at $50.63 on Monday. The firm has a market capitalization of $24.97 billion, a PE ratio of 21.49 and a beta of 0.93. The firm has a 50-day moving average price of $52.04 and a 200 day moving average price of $52.55. 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 Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a $0.1798 dividend. The ex-dividend date was Monday, March 24th.

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.