Nomura Asset Management Co. Ltd. Invests $16.21 Million in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Nomura Asset Management Co. Ltd. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 316,885 shares of the company’s stock, valued at approximately $16,205,000. Nomura Asset Management Co. Ltd. owned 0.07% of SPDR Portfolio S&P 500 Value ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SPYV. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $281,432,000. Horizon Investments LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 300.5% in the fourth quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after purchasing an additional 4,349,903 shares during the period. LPL Financial LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 5.8% in the fourth quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after purchasing an additional 2,253,997 shares during the period. Bank of New York Mellon Corp lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock worth $169,400,000 after purchasing an additional 1,696,888 shares during the last quarter. Finally, Independent Advisor Alliance boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after purchasing an additional 1,528,528 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $50.63 on Friday. The firm has a market capitalization of $24.97 billion, a price-to-earnings ratio of 21.49 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. The company has a 50-day moving average of $52.04 and a 200 day moving average of $52.54.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1798 per share. The ex-dividend date was Monday, March 24th.

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.