Horizon Investments LLC Has $296.48 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Horizon Investments LLC raised its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 300.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,797,361 shares of the company’s stock after buying an additional 4,349,903 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 8.5% of Horizon Investments LLC’s investment portfolio, making the stock its 2nd largest holding. Horizon Investments LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $296,477,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Donaldson Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $221,000. JPMorgan Chase & Co. raised its stake in 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 valued at $294,416,000 after purchasing an additional 286,795 shares during the period. Hobart Private Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after purchasing an additional 1,881 shares in the last quarter. Wrapmanager Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% in the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock valued at $10,665,000 after purchasing an additional 1,214 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.9% in the fourth quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock worth $4,773,000 after buying an additional 6,822 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.1 %

NYSEARCA:SPYV opened at $51.15 on Tuesday. The business’s fifty day moving average price is $52.05 and its 200 day moving average price is $52.59. The firm has a market capitalization of $25.04 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

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.