Envestnet Portfolio Solutions Inc. Increases Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 775,552 shares of the company’s stock after acquiring an additional 74,056 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $39,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Park Place Capital Corp purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $31,000. Lindbrook Capital LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 224.8% during the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after buying an additional 481 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $44,000. Finally, Crewe Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after acquiring an additional 560 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $50.61 on Friday. The stock has a 50 day moving average price of $52.05 and a 200-day moving average price of $52.60. 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 $24.78 billion, a P/E ratio of 21.43 and a beta of 0.93.

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.