American Money Management LLC Has $3.88 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

American Money Management LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,764 shares of the company’s stock after selling 1,596 shares during the quarter. American Money Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,875,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $31,000. Lindbrook Capital LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after purchasing an additional 481 shares during the period. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $37,000. Angeles Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $50.63 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42. The firm has a market cap of $24.97 billion, a PE ratio of 21.49 and a beta of 0.93. The firm’s 50 day moving average price is $52.04 and its two-hundred day moving average price is $52.54.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

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

About SPDR Portfolio S&P 500 Value ETF

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.