CBM Financial LLC Makes New Investment in SPDR Portfolio S&P 500 Value ETF $SPYV

CBM Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 294,479 shares of the company’s stock, valued at approximately $17,433,000. SPDR Portfolio S&P 500 Value ETF accounts for about 11.8% of CBM Financial LLC’s portfolio, making the stock its 3rd biggest position. CBM Financial LLC owned approximately 0.05% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Financial Engines Advisors L.L.C. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock worth $4,522,086,000 after purchasing an additional 642,820 shares in the last quarter. Morgan Stanley lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares in the last quarter. Allworth Financial LP lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.0% in the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock worth $1,118,890,000 after purchasing an additional 382,214 shares in the last quarter. Valmark Advisers Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 2.7% in the 4th quarter. Valmark Advisers Inc. now owns 8,740,145 shares of the company’s stock worth $496,528,000 after purchasing an additional 231,888 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock worth $474,565,000 after purchasing an additional 304,642 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $60.87 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.82 and a 1 year high of $61.87. The company has a 50 day simple moving average of $60.01 and a two-hundred day simple moving average of $58.51. The firm has a market cap of $34.21 billion, a P/E ratio of 20.50 and a beta of 0.82.

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. 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.