Nomura Asset Management Co. Ltd. reduced its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,545 shares of the company’s stock after selling 21,710 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $25,000. Highline Wealth Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after acquiring an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $26,000. Abich Financial Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $27,000. Finally, CENTRAL TRUST Co lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 191.2% in the fourth quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after acquiring an additional 346 shares during the period.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPYV stock opened at $60.82 on Thursday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.76 and a fifty-two week high of $61.33. The business’s 50-day moving average is $59.02 and its two-hundred day moving average is $58.11. The company has a market cap of $34.18 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.
SPDR Portfolio S&P 500 Value ETF 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.
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