Raymond James Financial Inc. Takes $281.43 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,503,158 shares of the company’s stock, valued at approximately $281,432,000. Raymond James Financial Inc. owned 1.27% of SPDR Portfolio S&P 500 Value ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPYV. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $31,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $44,000. Crewe Advisors LLC raised its stake 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 buying an additional 560 shares during the period. Finally, Archer Investment Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $53,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $51.61 on Friday. The stock has a market capitalization of $25.05 billion, a P/E ratio of 22.42 and a beta of 0.95. The company’s fifty day moving average price is $52.11 and its 200 day moving average price is $52.62. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 year high of $55.42.

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.