Advisory Alpha LLC Sells 87,485 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Advisory Alpha LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,586,864 shares of the company’s stock after selling 87,485 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 8.4% of Advisory Alpha LLC’s investment portfolio, making the stock its 2nd biggest position. Advisory Alpha LLC owned about 1.06% of SPDR Portfolio S&P 500 Value ETF worth $234,576,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in SPYV. CENTRAL TRUST Co increased its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $33,000. Legacy Investment Solutions LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

Shares of SPYV opened at $52.38 on Wednesday. The firm has a market cap of $22.70 billion, a PE ratio of 24.09 and a beta of 0.81. The company’s fifty day moving average is $52.77 and its two-hundred day moving average is $52.07. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.36 and a fifty-two week high of $55.42.

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.