SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Cut by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,583 shares of the company’s stock after selling 246 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $797,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Mount Yale Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $69,902,000. Orion Portfolio Solutions LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after purchasing an additional 1,360,461 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 5,118.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 926,973 shares of the company’s stock valued at $47,405,000 after purchasing an additional 909,210 shares during the last quarter. Finally, Principal Securities Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 113,776.3% in the third quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock worth $32,505,000 after buying an additional 614,392 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $53.19 on Friday. The stock’s fifty day simple moving average is $52.05 and its 200 day simple moving average is $52.45. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-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.