SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Allworth Financial LP

Allworth Financial LP cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.5% in the 2nd quarter, Holdings Channel reports. The fund owned 18,476,358 shares of the company’s stock after selling 1,290,724 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.8% of Allworth Financial LP’s portfolio, making the stock its 6th biggest position. Allworth Financial LP’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,123,178,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Financial Engines Advisors L.L.C. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock worth $4,522,086,000 after purchasing an additional 642,820 shares during the period. Morgan Stanley lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after acquiring an additional 10,778,683 shares during the period. Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 1st quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after acquiring an additional 255,913 shares during the period. UBS Group AG boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.0% in the third quarter. UBS Group AG now owns 7,272,363 shares of the company’s stock valued at $402,380,000 after acquiring an additional 662,367 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.5% during the third quarter. Bank of America Corp DE now owns 6,637,438 shares of the company’s stock worth $367,249,000 after purchasing an additional 158,976 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV traded down $0.38 during mid-day trading on Tuesday, reaching $63.06. The stock had a trading volume of 1,363,569 shares, compared to its average volume of 2,951,128. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $53.94 and a twelve month high of $64.26. The business has a 50 day simple moving average of $62.61 and a 200 day simple moving average of $60.35. The firm has a market capitalization of $36.76 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.