CoreCap Advisors LLC decreased its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 40.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 715,808 shares of the company’s stock after selling 479,670 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.3% of CoreCap Advisors LLC’s portfolio, making the stock its 13th biggest holding. CoreCap Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $43,514,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of SPYV. Morgan Stanley boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after purchasing an additional 10,778,683 shares during the period. Valpey Financial Services LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after buying an additional 2,097,544 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% in the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after buying an additional 1,670,152 shares during the period. Wellington Management Group LLP acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $68,850,000. Finally, 71 West Capital Partners bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $59,561,000.
SPDR Portfolio S&P 500 Value ETF Trading Up 1.1%
Shares of SPYV stock opened at $63.11 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $52.46 and a 12 month high of $63.19. The company has a market capitalization of $36.79 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock has a 50 day moving average of $61.38 and a two-hundred day moving average of $59.52.
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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