Florida Financial Advisors LLC Increases Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Florida Financial Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 32.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,742 shares of the company’s stock after acquiring an additional 16,908 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.6% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Florida Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $281,432,000. Horizon Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 300.5% in the fourth quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock valued at $296,477,000 after acquiring an additional 4,349,903 shares during the period. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after acquiring an additional 2,253,997 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock worth $169,400,000 after acquiring an additional 1,696,888 shares during the last quarter. Finally, Independent Advisor Alliance boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the 4th quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock worth $79,469,000 after purchasing an additional 1,528,528 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $51.43 on Tuesday. The firm has a market capitalization of $25.18 billion, a P/E ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The company’s 50-day moving average is $52.07 and its 200 day moving average is $52.56.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.1798 per share. 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.