Robertson Stephens Wealth Management LLC Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Robertson Stephens Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 59.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,492 shares of the company’s stock after selling 12,390 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $434,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after buying an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $33,000. Diversify Advisory Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 12.9% during the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock valued at $11,693,000 after buying an additional 25,003 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 15,597 shares of the company’s stock worth $824,000 after purchasing an additional 1,111 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.9 %

NYSEARCA SPYV opened at $52.11 on Friday. The stock’s 50 day moving average is $52.35 and its 200 day moving average is $52.30. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $46.42 and a 12 month high of $55.42. The stock has a market cap of $22.58 billion, a PE ratio of 24.09 and a beta of 0.81.

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.