Freestate Advisors LLC Has $17.91 Million Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Freestate Advisors LLC lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 350,164 shares of the company’s stock after selling 6,379 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 18.5% of Freestate Advisors LLC’s investment portfolio, making the stock its biggest holding. Freestate Advisors LLC owned about 0.08% of SPDR Portfolio S&P 500 Value ETF worth $17,907,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio S&P 500 Value ETF by 2.3% during the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after buying an additional 461,035 shares during the period. Valmark Advisers Inc. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% in the third quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock worth $396,020,000 after acquiring an additional 140,498 shares in the last quarter. JPMorgan Chase & Co. grew its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after acquiring an additional 286,795 shares during the period. Finally, Advisory Alpha LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% during the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after acquiring an additional 512,054 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV traded up $0.75 during trading on Wednesday, reaching $51.73. 179,082 shares of the stock were exchanged, compared to its average volume of 2,125,778. The stock has a fifty day moving average of $52.95 and a two-hundred day moving average of $51.98. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $45.64 and a 1-year high of $55.42. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.