Hudson Valley Investment Advisors Inc. ADV Cuts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Hudson Valley Investment Advisors Inc. ADV decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 30.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,180 shares of the company’s stock after selling 3,639 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Williams Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after acquiring an additional 42,302,888 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth approximately $152,867,000. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 7.6% in the 2nd quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after purchasing an additional 2,535,855 shares during the last quarter. Cetera Investment Advisers lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 209.0% in the 1st quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after purchasing an additional 1,711,930 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $84,057,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.6 %

Shares of NYSEARCA SPYV opened at $52.19 on Friday. The firm has a 50-day simple moving average of $52.54 and a 200-day simple moving average of $50.44. The stock has a market capitalization of $22.62 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $40.15 and a 52 week high of $53.93.

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.