Accredited Investors Inc. Sells 16,645 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Accredited Investors Inc. trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 847,176 shares of the company’s stock after selling 16,645 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 2.5% of Accredited Investors Inc.’s holdings, making the stock its 14th biggest holding. Accredited Investors Inc. owned about 0.20% of SPDR Portfolio S&P 500 Value ETF worth $43,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $281,432,000. Horizon Investments LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 300.5% during the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after buying an additional 4,349,903 shares in the last quarter. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after buying an additional 2,253,997 shares during the period. Bank of New York Mellon Corp increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after buying an additional 1,696,888 shares during the period. Finally, Independent Advisor Alliance increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,012.4% during the fourth quarter. Independent Advisor Alliance now owns 1,553,951 shares of the company’s stock valued at $79,469,000 after acquiring an additional 1,528,528 shares in the last quarter.

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

Shares of SPYV stock opened at $48.16 on Thursday. The business has a 50-day moving average price of $51.16 and a two-hundred day moving average price of $52.26. 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 has a 12-month low of $44.39 and a 12-month high of $55.42.

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.