Sanchez Wealth Management Group Has $2.05 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Sanchez Wealth Management Group increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 320.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,026 shares of the company’s stock after buying an additional 30,517 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.6% of Sanchez Wealth Management Group’s portfolio, making the stock its 24th largest position. Sanchez Wealth Management Group’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,047,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Allworth Financial LP increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after buying an additional 461,035 shares during the period. Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during 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 during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of 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 worth $294,416,000 after acquiring an additional 286,795 shares during the period. Finally, Townsquare Capital LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.2% in the third quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock valued at $200,433,000 after acquiring an additional 255,672 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $52.11 on Friday. The company’s 50 day moving average price is $52.35 and its 200-day moving average price is $52.30. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $46.42 and a 52-week high of $55.42. The company has a market capitalization of $22.58 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.