Axxcess Wealth Management LLC Cuts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Axxcess Wealth Management LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 192,032 shares of the company’s stock after selling 57,724 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $9,821,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Donaldson Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $221,000. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after buying an additional 286,795 shares during the period. Hobart Private Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the fourth quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after purchasing an additional 1,881 shares during the last quarter. Wrapmanager Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the fourth quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,214 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.9% during the fourth quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock worth $4,773,000 after purchasing an additional 6,822 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.1 %

NYSEARCA:SPYV opened at $51.15 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The company has a market cap of $25.04 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. The stock has a fifty day simple moving average of $52.05 and a 200-day simple moving average of $52.59.

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.