Charles Schwab Investment Management Inc. Has $6.82 Million Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Charles Schwab Investment Management Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 133,286 shares of the company’s stock after selling 16,986 shares during the period. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,816,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after acquiring an additional 1,696,888 shares during the period. Dynasty Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 71.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock valued at $169,294,000 after purchasing an additional 1,380,993 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $69,902,000. Orion Portfolio Solutions LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the third quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after buying an additional 1,360,461 shares during the last quarter. Finally, Bell Bank bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $64,059,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8 %

SPYV opened at $51.43 on Tuesday. The stock has a market cap of $25.18 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $47.22 and a 12-month high of $55.42. The business has a 50 day moving average of $52.07 and a 200-day moving average of $52.56.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1798 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.