Brookstone Capital Management Cuts Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Brookstone Capital Management reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 340,812 shares of the company’s stock after selling 15,317 shares during the quarter. Brookstone Capital Management owned 0.08% of SPDR Portfolio S&P 500 Value ETF worth $17,429,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. First National Bank of Omaha boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the 3rd quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock worth $711,000 after buying an additional 187 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 18.0% during the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after purchasing an additional 202 shares during the last quarter. MAI Capital Management lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.5% during the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after purchasing an additional 243 shares during the last quarter. HBW Advisory Services LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the fourth quarter. HBW Advisory Services LLC now owns 8,891 shares of the company’s stock valued at $455,000 after purchasing an additional 314 shares during the last quarter. Finally, Integrity Wealth Solutions LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.3% during the third quarter. Integrity Wealth Solutions LLC now owns 24,054 shares of the company’s stock valued at $1,271,000 after purchasing an additional 315 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded up $0.05 during trading on Monday, hitting $50.47. 679,139 shares of the company’s stock traded hands, compared to its average volume of 2,151,908. The stock has a market capitalization of $21.87 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $45.64 and a 12-month high of $55.42. The business has a 50 day moving average of $53.01 and a 200-day moving average of $51.95.

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.