SPDR Portfolio S&P 500 Value ETF $SPYV Position Decreased by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the 3rd quarter, Holdings Channel reports. The firm owned 748,161 shares of the company’s stock after selling 16,117 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 5.0% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 5th biggest holding. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $45,735,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 186.1% in the 3rd quarter. Parallel Advisors LLC now owns 3,138 shares of the company’s stock worth $192,000 after buying an additional 2,041 shares during the last quarter. Spectrum Advisors Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 17.1% during the 3rd quarter. Spectrum Advisors Inc. now owns 83,100 shares of the company’s stock worth $5,080,000 after acquiring an additional 12,162 shares during the last quarter. Asset Dedication LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $69,000. United Advisor Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the 3rd quarter. United Advisor Group LLC now owns 101,279 shares of the company’s stock worth $6,191,000 after acquiring an additional 1,706 shares during the last quarter. Finally, Summit Investment Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.1% during the 3rd quarter. Summit Investment Advisory Services LLC now owns 30,752 shares of the company’s stock worth $1,880,000 after acquiring an additional 327 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

NYSEARCA:SPYV traded down $0.25 during midday trading on Friday, hitting $63.07. The company had a trading volume of 3,047,160 shares, compared to its average volume of 2,924,325. The company has a market capitalization of $38.06 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $54.44 and a 52-week high of $65.52. The stock’s fifty day moving average price is $62.92 and its 200-day moving average price is $60.73.

SPDR Portfolio S&P 500 Value ETF Company 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.