Valmark Advisers Inc. Purchases 236,642 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

by · The Markets Daily

Valmark Advisers Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,508,257 shares of the company’s stock after buying an additional 236,642 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 6.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its 3rd biggest holding. Valmark Advisers Inc. owned 1.58% of SPDR Portfolio S&P 500 Value ETF worth $470,762,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock worth $94,581,000 after acquiring an additional 1,772,591 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3,960.9% during the second quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 103.6% during the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after purchasing an additional 935,644 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 26.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,456,511 shares of the company’s stock worth $237,131,000 after purchasing an additional 921,933 shares during the period. Finally, TIAA Trust National Association grew its position in SPDR Portfolio S&P 500 Value ETF by 30.6% in the 2nd quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock valued at $200,108,000 after buying an additional 895,188 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.6%

SPDR Portfolio S&P 500 Value ETF stock opened at $58.22 on Friday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $58.30. The stock has a market cap of $32.39 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The company’s 50-day moving average price is $56.65 and its two-hundred day moving average price is $55.04.

About SPDR Portfolio S&P 500 Value ETF

(Free Report)

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.

Featured Stories