Bell Bank Acquires 9,113 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Bell Bank raised its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,581,036 shares of the company’s stock after purchasing an additional 9,113 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 3.8% of Bell Bank’s portfolio, making the stock its 8th biggest position. Bell Bank’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $89,819,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SPYV. AQR Capital Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after acquiring an additional 8,012 shares during the period. Russell Investments Group Ltd. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after purchasing an additional 3,994 shares during the period. Choreo LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 70.9% during the second quarter. Choreo LLC now owns 11,049 shares of the company’s stock worth $578,000 after purchasing an additional 4,583 shares during the period. Johnson Financial Group Inc. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 82.5% during the second quarter. Johnson Financial Group Inc. now owns 5,365 shares of the company’s stock valued at $281,000 after purchasing an additional 2,426 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 18.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,813,974 shares of the company’s stock valued at $94,943,000 after purchasing an additional 282,999 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 1.2%

SPYV stock opened at $55.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75. The business’s 50 day moving average is $58.13 and its 200-day moving average is $56.87. The firm has a market cap of $30.98 billion, a P/E ratio of 20.50 and a beta of 0.89.

SPDR Portfolio S&P 500 Value ETF Company 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.