SPDR Portfolio S&P 500 Value ETF $SPYV Holdings Cut by Foronjy Financial LLC

Foronjy Financial LLC decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 156,959 shares of the company’s stock after selling 19,693 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 3.8% of Foronjy Financial LLC’s holdings, making the stock its 9th biggest holding. Foronjy Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,685,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SPYV. Fiduciary Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $26,000. Tompkins Financial Corp grew its stake in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after purchasing an additional 515 shares during the last quarter. Flaharty Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $32,000. Parallel Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the second quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after purchasing an additional 639 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $56.96 on Monday. The company has a market cap of $31.66 billion, a P/E ratio of 20.50 and a beta of 0.89. The firm’s 50 day moving average price is $56.49 and its 200-day moving average price is $54.87. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $57.59.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.