Accredited Investors Inc. Lowers Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Accredited Investors Inc. reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 847,176 shares of the company’s stock after selling 16,645 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 2.5% of Accredited Investors Inc.’s portfolio, making the stock its 14th largest holding. Accredited Investors Inc. owned about 0.20% of SPDR Portfolio S&P 500 Value ETF worth $43,325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% during the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock valued at $8,094,000 after buying an additional 43,857 shares during the period. Arete Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% in the 3rd quarter. Arete Wealth Advisors LLC now owns 102,995 shares of the company’s stock valued at $5,427,000 after purchasing an additional 656 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $821,000. Brophy Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $247,000. Finally, Asset Allocation Strategies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $7,578,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 6.8 %

NYSEARCA:SPYV opened at $48.16 on Thursday. The business’s 50-day moving average price is $51.16 and its 200 day moving average price is $52.26. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $55.42. The firm has a market cap of $23.75 billion, a P/E ratio of 21.49 and a beta of 0.93.

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.