Confluence Investment Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) in the 1st quarter, Holdings Channel.com reports. The firm acquired 460,956 shares of the company’s stock, valued at approximately $11,911,000.

Several other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 66.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,502,614 shares of the company’s stock worth $576,106,000 after buying an additional 6,605,098 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2,610.5% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,361,417 shares of the company’s stock valued at $82,437,000 after purchasing an additional 2,274,296 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 69.0% during the 4th quarter. Advisor Group Inc. now owns 5,430,537 shares of the company’s stock valued at $189,597,000 after purchasing an additional 2,216,348 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $68,875,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 55.0% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,644,860 shares of the company’s stock valued at $127,222,000 after purchasing an additional 1,292,947 shares during the last quarter.

Shares of SPYV traded down $0.58 during midday trading on Friday, hitting $28.26. 104,840 shares of the company traded hands, compared to its average volume of 2,994,256. The firm has a 50 day moving average of $29.18 and a 200-day moving average of $30.95. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $21.77 and a 52 week high of $35.45.

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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