Alesco Advisors LLC lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 65.0% in the fourth quarter, HoldingsChannel reports. The fund owned 903,292 shares of the company’s stock after selling 1,678,217 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 1.5% of Alesco Advisors LLC’s portfolio, making the stock its 16th largest position. Alesco Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $42,120,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. BKM Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. McGlone Suttner Wealth Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $28,000. Sunbelt Securities Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 165.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares in the last quarter. Aptus Capital Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 377.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock worth $38,000 after purchasing an additional 736 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 52.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock worth $41,000 after purchasing an additional 344 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV traded down $0.11 on Friday, reaching $48.31. 1,571,792 shares of the company’s stock were exchanged, compared to its average volume of 2,650,943. The company’s 50 day moving average is $48.64 and its 200-day moving average is $46.05. The company has a market cap of $20.70 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $50.20.
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.
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