Mutual Advisors LLC Trims Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Mutual Advisors LLC cut its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,823 shares of the company’s stock after selling 1,097 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,231,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. CENTRAL TRUST Co lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $31,000. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $33,000. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $52.56 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The firm’s 50 day moving average price is $52.67 and its 200-day moving average price is $52.15. The firm has a market cap of $22.78 billion, a P/E ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF 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.