Cary Street Partners Investment Advisory LLC Decreases Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cary Street Partners Investment Advisory LLC lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 76.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,799 shares of the company’s stock after selling 236,241 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 1.0% of Cary Street Partners Investment Advisory LLC’s investment portfolio, making the stock its 23rd biggest position. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,488,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SPYV. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock worth $3,031,943,000 after buying an additional 1,485,730 shares during the last quarter. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% in the third quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock worth $1,160,421,000 after acquiring an additional 1,687,275 shares during the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the fourth quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock worth $865,301,000 after purchasing an additional 807,687 shares in the last quarter. Morgan Stanley raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% in the 3rd quarter. Morgan Stanley now owns 7,403,459 shares of the company’s stock valued at $305,467,000 after purchasing an additional 100,887 shares during the last quarter. Finally, Valmark Advisers Inc. raised its stake in 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 purchasing an additional 175,073 shares during the last quarter.

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

SPYV traded down $0.42 on Tuesday, hitting $48.11. 716,487 shares of the company’s stock were exchanged, compared to its average volume of 2,611,441. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20. The stock has a market cap of $20.73 billion, a price-to-earnings ratio of 23.25 and a beta of 0.84. The firm has a 50-day moving average price of $48.66 and a 200-day moving average price of $46.16.

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.