CIBC Private Wealth Group LLC Has $8.67 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

CIBC Private Wealth Group LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,266 shares of the company’s stock after selling 1,006 shares during the period. CIBC Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,671,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SPYV. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $281,432,000. Horizon Investments LLC boosted its position 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 boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the fourth quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after acquiring an additional 2,253,997 shares during the period. Bank of New York Mellon Corp grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the fourth 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 increased its position in SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock worth $79,469,000 after acquiring an additional 1,528,528 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $51.05 on Wednesday. The company has a market cap of $25.17 billion, a PE ratio of 21.49 and a beta of 0.93. The firm has a fifty day moving average price of $52.00 and a two-hundred day moving average price of $52.54. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.1798 dividend. The ex-dividend date was Monday, March 24th.

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.