Integrated Wealth Concepts LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 8.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,353,074 shares of the company’s stock after selling 129,814 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.23% of SPDR Portfolio S&P 500 Value ETF worth $82,253,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after buying an additional 8,012 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 330.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after acquiring an additional 3,994 shares during the last quarter. Marshall Wace LLP bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd lifted its position in SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at $295,000.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%
SPDR Portfolio S&P 500 Value ETF stock opened at $63.06 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $53.94 and a 12 month high of $64.26. The stock has a fifty day simple moving average of $62.65 and a two-hundred day simple moving average of $60.38. The firm has a market cap of $36.76 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.
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.
See Also
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
