Townsquare Capital LLC Lowers Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Townsquare Capital LLC lessened its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 79.5% in the fourth quarter, HoldingsChannel reports. The firm owned 37,781 shares of the company’s stock after selling 146,337 shares during the quarter. Townsquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYV. Empirical Asset Management LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.5% during the fourth quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after buying an additional 183 shares during the last quarter. Fiduciary Group LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 3.8% during the third quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after buying an additional 185 shares during the last quarter. Principle Wealth Partners LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 4.2% during the fourth quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after buying an additional 191 shares during the last quarter. Note Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% during the third quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after buying an additional 195 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 3.9% during the third quarter. Signature Estate & Investment Advisors LLC now owns 5,283 shares of the company’s stock valued at $292,000 after buying an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.8%

Shares of NYSEARCA:SPYV opened at $60.21 on Thursday. The stock has a fifty day simple moving average of $59.48 and a two-hundred day simple moving average of $58.30. The stock has a market capitalization of $33.84 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $50.82 and a 12-month high of $61.49.

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.