SPDR Portfolio S&P 500 Value ETF $SPYV Stock Position Cut by CGN Advisors LLC

CGN Advisors LLC lessened its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 859,839 shares of the company’s stock after selling 19,333 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 3.8% of CGN Advisors LLC’s holdings, making the stock its 5th biggest position. CGN Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $52,270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Capital Management INC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $26,000. Meramec Financial Planners LLC acquired a new position in shares of 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 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 310 shares in the last quarter. Finally, Advisortrust Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.11 on Wednesday. The business’s 50 day moving average price is $61.38 and its 200 day moving average price is $59.52. The company has a market cap of $36.79 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $52.46 and a one year high of $63.19.

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. 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.