Verdence Capital Advisors LLC Has $1.15 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Verdence Capital Advisors LLC trimmed its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 42.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,527 shares of the company’s stock after selling 16,419 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPYV. LPL Financial LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Bank of New York Mellon Corp lifted its stake 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 purchasing an additional 1,696,888 shares during the period. Dynasty Wealth Management LLC lifted its stake in shares of 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 period. Mount Yale Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $69,902,000. Finally, Orion Portfolio Solutions LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1,525.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after buying an additional 1,360,461 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $51.93 on Thursday. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42. The firm has a market capitalization of $25.20 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The business has a 50-day simple moving average of $52.12 and a 200 day simple moving average of $52.63.

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.