Navalign LLC Increases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Navalign LLC increased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 339,749 shares of the company’s stock after buying an additional 5,810 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 5.5% of Navalign LLC’s holdings, making the stock its 4th largest position. Navalign LLC owned 0.09% of SPDR Portfolio S&P 500 Value ETF worth $15,842,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 37.9% in the 1st quarter. JPMorgan Chase & Co. now owns 33,696 shares of the company’s stock worth $1,407,000 after purchasing an additional 9,258 shares during the period. Vontobel Holding Ltd. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 643.9% during the first quarter. Vontobel Holding Ltd. now owns 36,970 shares of the company’s stock worth $1,543,000 after acquiring an additional 32,000 shares during the last quarter. Cetera Investment Advisers grew its stake in SPDR Portfolio S&P 500 Value ETF by 24.2% during the first quarter. Cetera Investment Advisers now owns 35,099 shares of the company’s stock valued at $1,465,000 after acquiring an additional 6,849 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $631,000. Finally, Baird Financial Group Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 11.3% in the 1st quarter. Baird Financial Group Inc. now owns 217,240 shares of the company’s stock worth $9,070,000 after purchasing an additional 21,971 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV traded up $0.20 during midday trading on Thursday, hitting $50.10. 2,645,191 shares of the company traded hands, compared to its average volume of 2,751,738. The stock has a market cap of $18.87 billion, a price-to-earnings ratio of 13.69 and a beta of 0.94. The firm has a 50 day moving average of $47.95 and a 200-day moving average of $45.08. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $50.20.

About SPDR Portfolio S&P 500 Value ETF

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.