Colonial River Investments LLC Sells 38,731 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Colonial River Investments LLC lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 73.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,116 shares of the company’s stock after selling 38,731 shares during the quarter. Colonial River Investments LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $722,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after acquiring an additional 3,176,679 shares in the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Value ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after acquiring an additional 69,747 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the fourth quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock valued at $392,054,000 after purchasing an additional 174,424 shares during the period. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after purchasing an additional 286,795 shares during the period. Finally, Townsquare Capital LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% in the third quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock valued at $200,433,000 after purchasing an additional 255,672 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.0 %

NYSEARCA:SPYV opened at $52.66 on Monday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The firm has a market cap of $25.56 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. The company’s 50 day moving average is $52.04 and its 200-day moving average is $52.53.

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.