SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Perennial Investment Advisors LLC’s 3rd Largest Position

Perennial Investment Advisors LLC lowered its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 671,960 shares of the company’s stock after selling 86,998 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 4.0% of Perennial Investment Advisors LLC’s holdings, making the stock its 3rd biggest position. Perennial Investment Advisors LLC owned about 0.16% of SPDR Portfolio S&P 500 Value ETF worth $34,364,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SPYV. Wells Fargo & Company MN lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 9.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,447,239 shares of the company’s stock worth $74,012,000 after purchasing an additional 128,480 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 61.8% during the 4th quarter. Thoroughbred Financial Services LLC now owns 9,392 shares of the company’s stock valued at $480,000 after buying an additional 3,589 shares in the last quarter. Arete Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 29.7% during the fourth quarter. Arete Wealth Advisors LLC now owns 133,628 shares of the company’s stock valued at $6,831,000 after buying an additional 30,633 shares during the period. Nicolet Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.0% in the fourth quarter. Nicolet Advisory Services LLC now owns 3,032,163 shares of the company’s stock worth $152,882,000 after buying an additional 31,168 shares in the last quarter. Finally, OneAscent Financial Services LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $1,414,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $46.33 on Friday. The company’s 50 day simple moving average is $51.78 and its two-hundred day simple moving average is $52.46. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $46.27 and a 1 year high of $55.42. The stock has a market capitalization of $22.85 billion, a PE ratio of 21.49 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a $0.1798 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.