Baker Tilly Wealth Management LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 16.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 17,980 shares of the company’s stock after selling 3,600 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $919,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of SPYV. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after purchasing an additional 121,974 shares during the period. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $33,000. Asset Management Group Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 1.7% during the 2nd quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after buying an additional 1,525 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 44.7% during the third quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock valued at $6,989,000 after buying an additional 40,830 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Down 1.4 %
Shares of SPYV traded down $0.70 during midday trading on Friday, hitting $50.53. The stock had a trading volume of 466,155 shares, compared to its average volume of 2,097,904. The business has a 50-day simple moving average of $53.05 and a two-hundred day simple moving average of $51.90. The firm has a market cap of $21.90 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $45.64 and a fifty-two week 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.
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