Confluence Investment Management LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Confluence Investment Management LLC lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 26.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 272,876 shares of the company’s stock after selling 97,830 shares during the quarter. Confluence Investment Management LLC owned approximately 0.06% of SPDR Portfolio S&P 500 Value ETF worth $14,424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Williams Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after buying an additional 42,302,888 shares during the last quarter. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 7.6% in the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after acquiring an additional 461,035 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the third quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock worth $396,020,000 after purchasing an additional 140,498 shares during the last quarter. Finally, Advisory Alpha LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% during the second quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock worth $213,893,000 after purchasing an additional 512,054 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $53.80 on Friday. The stock has a 50-day simple moving average of $52.64 and a 200-day simple moving average of $50.62. The company has a market capitalization of $23.32 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $41.80 and a fifty-two week high of $54.05.

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.