Hsbc Holdings PLC Purchases 41,670 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Hsbc Holdings PLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 26.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,294 shares of the company’s stock after acquiring an additional 41,670 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,265,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Asempa Wealth Advisors purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $945,000. ERn Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 4th quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock valued at $38,419,000 after acquiring an additional 31,736 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $10,928,000. TIAA Trust National Association boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% during the 3rd quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock valued at $239,580,000 after acquiring an additional 506,795 shares during the last quarter. Finally, Cobblestone Asset Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 44.0% during the fourth quarter. Cobblestone Asset Management LLC now owns 243,084 shares of the company’s stock worth $13,810,000 after purchasing an additional 74,268 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1%

SPYV stock opened at $60.55 on Friday. The company’s 50 day moving average is $60.27 and its 200 day moving average is $58.65. The stock has a market cap of $34.03 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $51.70 and a 1-year high of $61.87.

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. 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.