VCI Wealth Management LLC Buys New Shares in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

VCI Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,604 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds have also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock worth $3,031,943,000 after purchasing an additional 1,485,730 shares in the last quarter. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 6.4% in the third quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock worth $1,160,421,000 after purchasing an additional 1,687,275 shares during the last quarter. Allworth Financial LP raised its stake in shares of 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 worth $865,301,000 after buying an additional 807,687 shares during the period. Morgan Stanley raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% during 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. Finally, Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 7,379,369 shares of the company’s stock worth $304,473,000 after purchasing an additional 175,073 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded down $0.11 on Friday, reaching $48.31. 1,571,810 shares of the stock traded hands, compared to its average volume of 2,650,943. The company has a market cap of $20.70 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. 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 has a fifty day moving average price of $48.63 and a 200-day moving average price of $46.00.

SPDR Portfolio S&P 500 Value ETF 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.