Wallace Advisory Group LLC Sells 723 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wallace Advisory Group LLC cut its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,758 shares of the company’s stock after selling 723 shares during the quarter. Wallace Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $674,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYV. CENTRAL TRUST Co lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $33,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $51,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $50.75 on Tuesday. The business has a fifty day simple moving average of $52.99 and a two-hundred day simple moving average of $51.96. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $45.64 and a 1 year high of $55.42. The company has a market capitalization of $22.00 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.