Fernwood Investment Management LLC Lowers Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Fernwood Investment Management LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 47.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,849 shares of the company’s stock after selling 16,908 shares during the period. Fernwood Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $996,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPYV. WealthPLAN Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.4% in the first quarter. WealthPLAN Partners LLC now owns 14,215 shares of the company’s stock valued at $712,000 after buying an additional 470 shares in the last quarter. Private Advisor Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after purchasing an additional 121,974 shares during the period. Williams Financial LLC lifted its position 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 worth $2,101,241,000 after purchasing an additional 42,302,888 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $33,000. Finally, Lynch & Associates IN boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock valued at $6,814,000 after purchasing an additional 5,030 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0 %

SPYV traded up $0.02 during trading hours on Friday, hitting $52.24. 2,454,172 shares of the company’s stock were exchanged, compared to its average volume of 2,629,881. The firm has a market cap of $22.64 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $41.22 and a 12-month high of $53.93. The firm has a 50 day moving average of $52.54 and a 200 day moving average of $50.49.

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.