NewEdge Advisors LLC Cuts Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

NewEdge Advisors LLC decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 521,742 shares of the company’s stock after selling 45,343 shares during the period. NewEdge Advisors LLC owned about 0.09% of SPDR Portfolio S&P 500 Value ETF worth $29,520,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $25,000. Meramec Financial Planners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $28,000. Signature Equity Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the last quarter. Advisortrust Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $29,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after buying an additional 346 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.5%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.14 on Friday. The firm’s 50 day moving average price is $61.49 and its 200-day moving average price is $59.61. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $52.97 and a 52-week high of $63.31. The company has a market cap of $36.81 billion, a P/E ratio of 20.50 and a beta of 0.82.

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.