Seaview Investment Managers LLC Cuts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Seaview Investment Managers LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 29.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,740 shares of the company’s stock after selling 41,557 shares during the quarter. Seaview Investment Managers LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,764,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fisher Asset Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $201,000. Apollon Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 15.8% in the fourth quarter. Apollon Wealth Management LLC now owns 6,493 shares of the company’s stock worth $303,000 after acquiring an additional 887 shares in the last quarter. BNP Paribas Financial Markets raised its position in SPDR Portfolio S&P 500 Value ETF by 13.4% in the fourth quarter. BNP Paribas Financial Markets now owns 36,300 shares of the company’s stock worth $1,693,000 after acquiring an additional 4,300 shares in the last quarter. Johnson Investment Counsel Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $802,000. Finally, QRG Capital Management Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $334,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.1 %

Shares of SPYV stock opened at $51.78 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $52.61. The stock has a market cap of $22.44 billion, a P/E ratio of 24.09 and a beta of 0.81. The business has a fifty day simple moving average of $50.50 and a 200-day simple moving average of $49.45.

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.