Spring Capital Management LLC Has $862,000 Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Spring Capital Management LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,490 shares of the company’s stock after selling 1,900 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 0.7% of Spring Capital Management LLC’s holdings, making the stock its 25th largest holding. Spring Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $862,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock worth $3,031,943,000 after acquiring an additional 1,485,730 shares during the period. LPL Financial LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% in the 3rd quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock valued at $1,160,421,000 after acquiring an additional 1,687,275 shares during the last quarter. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 17,749,068 shares of the company’s stock valued at $732,327,000 after acquiring an additional 867,673 shares during the last quarter. Morgan Stanley lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 7,904,655 shares of the company’s stock valued at $307,412,000 after acquiring an additional 91,766 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 7,379,369 shares of the company’s stock valued at $304,473,000 after acquiring an additional 175,073 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $49.91 on Thursday. The company has a market capitalization of $18.79 billion, a PE ratio of 13.69 and a beta of 0.94. The company has a 50 day simple moving average of $47.87 and a two-hundred day simple moving average of $45.05. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.14 and a fifty-two week high of $49.91.

About SPDR Portfolio S&P 500 Value ETF

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.