SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Acquired by Prudential Financial Inc.

Prudential Financial Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 20.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,016,021 shares of the company’s stock after purchasing an additional 171,082 shares during the quarter. Prudential Financial Inc. owned 0.23% of SPDR Portfolio S&P 500 Value ETF worth $51,959,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after buying an additional 2,253,997 shares during the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Value ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after acquiring an additional 69,747 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.3% in the fourth quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock valued at $392,054,000 after acquiring an additional 174,424 shares during the period. Horizon Investments LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 300.5% in the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after purchasing an additional 4,349,903 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after purchasing an additional 286,795 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $51.41 on Wednesday. The company has a 50 day moving average price of $52.08 and a 200-day moving average price of $52.56. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a $0.1798 dividend. The ex-dividend date is 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.