Lee Danner & Bass Inc. Sells 8,400 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Lee Danner & Bass Inc. reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,756 shares of the company’s stock after selling 8,400 shares during the quarter. Lee Danner & Bass Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,698,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPYV. Donaldson Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $221,000. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares in the last quarter. Hobart Private Capital LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares in the last quarter. Wrapmanager Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 0.6% in the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,214 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 7.9% in the 4th quarter. Harbour Investments Inc. now owns 93,341 shares of the company’s stock worth $4,773,000 after purchasing an additional 6,822 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $51.17 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42. The business has a 50-day simple moving average of $52.05 and a two-hundred day simple moving average of $52.56. The firm has a market cap of $25.05 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

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.