Wallace Advisory Group LLC Lowers Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wallace Advisory Group LLC decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYVFree Report) by 8.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,517 shares of the company’s stock after selling 1,019 shares during the period. Wallace Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $490,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPYV. Riverpoint Wealth Management Holdings LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 52,373 shares of the company’s stock valued at $2,442,000 after purchasing an additional 217 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 34.3% during the 4th quarter. Tortoise Investment Management LLC now owns 900 shares of the company’s stock valued at $42,000 after buying an additional 230 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 13,399 shares of the company’s stock worth $625,000 after acquiring an additional 251 shares during the last quarter. TAP Consulting LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the 3rd quarter. TAP Consulting LLC now owns 42,097 shares of the company’s stock worth $1,737,000 after acquiring an additional 261 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.6% during the 3rd quarter. Advisors Capital Management LLC now owns 18,608 shares of the company’s stock valued at $768,000 after acquiring an additional 291 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.9 %

Shares of SPYV stock traded down $0.43 on Tuesday, reaching $48.90. The company’s stock had a trading volume of 1,373,913 shares, compared to its average volume of 2,462,620. The stock’s fifty day simple moving average is $48.88 and its 200-day simple moving average is $48.02. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $39.51 and a 1 year high of $50.20. The company has a market capitalization of $21.19 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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