Frazier Financial Advisors LLC Lowers Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Frazier Financial Advisors LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,433 shares of the company’s stock after selling 409 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 0.5% of Frazier Financial Advisors LLC’s portfolio, making the stock its 21st biggest position. Frazier Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $686,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Blair William & Co. IL increased its stake in SPDR Portfolio S&P 500 Value ETF by 7.7% during the 4th quarter. Blair William & Co. IL now owns 22,986 shares of the company’s stock worth $1,176,000 after buying an additional 1,640 shares during the period. Howe & Rusling Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $226,000. Foundation Wealth Management LLC PA purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $2,152,000. Graney & King LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $17,941,000. Finally, Ausdal Financial Partners Inc. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.3% in the fourth quarter. Ausdal Financial Partners Inc. now owns 141,816 shares of the company’s stock valued at $7,252,000 after purchasing an additional 9,595 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $51.39 on Friday. The company has a market cap of $25.16 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. The stock’s 50-day moving average is $52.07 and its two-hundred day moving average is $52.54. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.1798 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.