Rodgers & Associates LTD Reduces Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Rodgers & Associates LTD lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 487,758 shares of the company’s stock after selling 11,187 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 2.2% of Rodgers & Associates LTD’s investment portfolio, making the stock its 14th biggest position. Rodgers & Associates LTD’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $29,651,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock valued at $15,797,000 after purchasing an additional 18,366 shares during the period. Palladiem LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $4,421,000. Potentia Wealth lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.1% in the fourth quarter. Potentia Wealth now owns 455,161 shares of the company’s stock valued at $25,858,000 after acquiring an additional 13,826 shares during the last quarter. Hsbc Holdings PLC grew its position in SPDR Portfolio S&P 500 Value ETF by 26.6% in the fourth quarter. Hsbc Holdings PLC now owns 198,294 shares of the company’s stock worth $11,265,000 after acquiring an additional 41,670 shares during the period. Finally, Northern Capital Management Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 28.9% in the fourth quarter. Northern Capital Management Inc. now owns 84,118 shares of the company’s stock worth $4,779,000 after acquiring an additional 18,881 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.4%

SPYV stock opened at $63.39 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $53.94 and a 52-week high of $64.26. The stock has a market cap of $36.96 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The business has a fifty day moving average of $62.43 and a two-hundred day moving average of $60.26.

SPDR Portfolio S&P 500 Value ETF 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.