Bank of New York Mellon Corp Raises Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Bank of New York Mellon Corp increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 105.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,312,481 shares of the company’s stock after acquiring an additional 1,696,888 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.76% of SPDR Portfolio S&P 500 Value ETF worth $169,400,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. SOA Wealth Advisors LLC. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% during the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after purchasing an additional 43,857 shares during the last quarter. Integrated Advisors Network LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 97.0% during the third quarter. Integrated Advisors Network LLC now owns 20,652 shares of the company’s stock valued at $1,092,000 after buying an additional 10,170 shares during the last quarter. Fidelis Capital Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $590,000. Oak Harvest Investment Services grew its position in SPDR Portfolio S&P 500 Value ETF by 2.7% in the 3rd quarter. Oak Harvest Investment Services now owns 177,168 shares of the company’s stock valued at $9,365,000 after buying an additional 4,592 shares in the last quarter. Finally, Financial Advocates Investment Management increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.3% during the third quarter. Financial Advocates Investment Management now owns 93,930 shares of the company’s stock valued at $4,963,000 after acquiring an additional 3,910 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $52.16 on Friday. The stock’s fifty day moving average is $52.09 and its 200-day moving average is $52.56. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42. The company has a market capitalization of $25.32 billion, a PE ratio of 22.42 and a beta of 0.95.

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.