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

Prudential Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 20.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,016,021 shares of the company’s stock after purchasing an additional 171,082 shares during the period. Prudential Financial Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $51,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $51.41 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $47.22 and a 12-month high of $55.42. The stock has a market capitalization of $25.17 billion, a PE ratio of 21.43 and a beta of 0.93. The firm has a 50 day simple moving average of $52.08 and a 200-day simple moving average of $52.56.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders 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.