Wells Fargo & Company MN Increases Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wells Fargo & Company MN boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,229,380 shares of the company’s stock after acquiring an additional 23,391 shares during the quarter. Wells Fargo & Company MN’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $57,326,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPYV. BKM Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $28,000. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $29,000. Sunbelt Securities Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 165.5% in the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after acquiring an additional 533 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 377.4% in the third quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock worth $38,000 after acquiring an additional 736 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $49.21 on Friday. The business’s 50 day moving average price is $48.93 and its 200-day moving average price is $47.21. The firm has a market capitalization of $21.33 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $50.20.

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.