MONECO Advisors LLC Grows Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

MONECO Advisors LLC lifted its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 63.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 159,411 shares of the company’s stock after purchasing an additional 61,819 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.4% of MONECO Advisors LLC’s investment portfolio, making the stock its 12th largest holding. MONECO Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. lifted its position in SPDR Portfolio S&P 500 Value ETF by 2.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock valued at $3,031,943,000 after purchasing an additional 1,485,730 shares in the last quarter. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 6.4% during the third quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock valued at $1,160,421,000 after purchasing an additional 1,687,275 shares in the last quarter. Allworth Financial LP lifted its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the fourth quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock valued at $865,301,000 after purchasing an additional 807,687 shares in the last quarter. Morgan Stanley lifted its position in SPDR Portfolio S&P 500 Value ETF by 1.4% during the third quarter. Morgan Stanley now owns 7,403,459 shares of the company’s stock valued at $305,467,000 after purchasing an additional 100,887 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 2.4% during the third quarter. Valmark Advisers Inc. now owns 7,379,369 shares of the company’s stock valued at $304,473,000 after purchasing an additional 175,073 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.58 during trading hours on Tuesday, hitting $47.95. The company’s stock had a trading volume of 1,615,872 shares, compared to its average volume of 2,622,815. The business has a 50 day moving average price of $48.66 and a two-hundred day moving average price of $46.16. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $50.20. The company has a market cap of $20.66 billion, a PE ratio of 23.25 and a beta of 0.84.

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.