NewEdge Advisors LLC lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 79.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,261 shares of the company’s stock after selling 448,824 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. Meramec Financial Planners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $28,000. Signature Equity Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after acquiring an additional 310 shares during the period. Finally, Advisortrust Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $29,000.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.0%
SPDR Portfolio S&P 500 Value ETF stock opened at $62.16 on Friday. The firm has a market cap of $36.22 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $51.97 and a 12 month high of $62.91. The stock’s 50 day simple moving average is $61.29 and its two-hundred day simple moving average is $59.43.
About SPDR Portfolio S&P 500 Value ETF
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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.
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