Nottingham Advisors Inc. reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 3.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 811,784 shares of the company’s stock after selling 32,655 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 6.3% of Nottingham Advisors Inc.’s holdings, making the stock its 3rd largest position. Nottingham Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $42,489,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Flow Traders U.S. LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $386,000. CWM LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.5% during the second quarter. CWM LLC now owns 4,188,320 shares of the company’s stock valued at $219,217,000 after buying an additional 102,684 shares during the last quarter. Hsbc Holdings PLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 266.1% during the first quarter. Hsbc Holdings PLC now owns 55,563 shares of the company’s stock valued at $2,838,000 after buying an additional 40,385 shares during the last quarter. Ignite Planners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the first quarter. Ignite Planners LLC now owns 128,922 shares of the company’s stock valued at $6,361,000 after buying an additional 2,432 shares during the last quarter. Finally, National Bank of Canada FI grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 55.9% during the first quarter. National Bank of Canada FI now owns 2,351 shares of the company’s stock valued at $120,000 after buying an additional 843 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV opened at $55.23 on Monday. The stock has a market cap of $29.66 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94. The stock’s 50 day moving average price is $54.71 and its 200-day moving average price is $52.19. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.03.
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.
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