SPDR Portfolio S&P 500 Value ETF $SPYV is Riversedge Advisors LLC’s 8th Largest Position

Riversedge Advisors LLC decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 465,712 shares of the company’s stock after selling 16,158 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 4.3% of Riversedge Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Riversedge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $26,457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $27,000. Triumph Capital Management acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $30,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $44,000. TFC Financial Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $44,000. Finally, Wagner Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $45,000.

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

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $55.84 on Friday. The stock has a 50-day moving average price of $58.33 and a 200 day moving average price of $56.79. The company has a market cap of $31.12 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $59.75.

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. 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.