Horizon Wealth Management LLC Has $21.32 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Horizon Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 425,462 shares of the company’s stock after purchasing an additional 69,723 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 5.6% of Horizon Wealth Management LLC’s holdings, making the stock its 6th largest holding. Horizon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $21,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.6% in the fourth quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock valued at $865,301,000 after buying an additional 807,687 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 202.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after acquiring an additional 8,776,348 shares during the last quarter. Morgan Stanley raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the 3rd quarter. Morgan Stanley now owns 7,403,459 shares of the company’s stock valued at $305,467,000 after purchasing an additional 100,887 shares during the period. UBS Group AG increased its position in SPDR Portfolio S&P 500 Value ETF by 7.3% during the fourth quarter. UBS Group AG now owns 6,520,757 shares of the company’s stock worth $304,063,000 after buying an additional 442,720 shares during the last quarter. Finally, CWM LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 13.3% in the first quarter. CWM LLC now owns 4,920,831 shares of the company’s stock valued at $246,534,000 after buying an additional 576,063 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4 %

Shares of NYSEARCA SPYV traded down $0.20 during midday trading on Monday, hitting $48.54. 1,405,193 shares of the company’s stock were exchanged, compared to its average volume of 2,443,502. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $50.20. The company’s 50 day moving average price is $48.98 and its 200 day moving average price is $48.12. The firm has a market capitalization of $21.04 billion, a PE ratio of 24.09 and a beta of 0.81.

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.