Northwestern Mutual Wealth Management Co. Has $119.20 Million Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Northwestern Mutual Wealth Management Co. raised its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,098,138 shares of the company’s stock after acquiring an additional 168,784 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.38% of SPDR Portfolio S&P 500 Value ETF worth $119,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Key Capital Management INC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Highline Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $27,000. Finally, Triumph Capital Management bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $61.05 on Friday. The company has a fifty day moving average price of $58.74 and a two-hundred day moving average price of $58.01. SPDR Portfolio S&P 500 Value ETF has a one year low of $50.27 and a one year high of $61.33. The stock has a market cap of $34.31 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

SPDR Portfolio S&P 500 Value ETF Company 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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.