Cobblestone Asset Management LLC Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cobblestone Asset Management LLC lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 98,652 shares of the company’s stock after selling 1,337 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 3.1% of Cobblestone Asset Management LLC’s holdings, making the stock its 12th biggest position. Cobblestone Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,215,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Narus Financial Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.8% in the 2nd quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock worth $353,000 after purchasing an additional 197 shares during the period. Breakwater Capital Group raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 57,997 shares of the company’s stock worth $2,906,000 after acquiring an additional 243 shares in the last quarter. Mcdonald Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock worth $607,000 after acquiring an additional 256 shares in the last quarter. Cahaba Wealth Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock worth $371,000 after acquiring an additional 263 shares in the last quarter. Finally, Evermay Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 1st quarter. Evermay Wealth Management LLC now owns 3,459 shares of the company’s stock valued at $173,000 after purchasing an additional 280 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2 %

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $53.85 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $53.93. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The firm’s 50 day simple moving average is $52.15 and its two-hundred day simple moving average is $50.19.

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.