JPMorgan Chase & Co. Decreases Position in SPDR Portfolio S&P 500 Value ETF $SPYV

JPMorgan Chase & Co. trimmed its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,796,464 shares of the company’s stock after selling 660,134 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.22% of SPDR Portfolio S&P 500 Value ETF worth $386,107,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Highline Wealth Partners LLC raised its holdings in shares of 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 worth $26,000 after buying an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $26,000. Abich Financial Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $27,000. Finally, CENTRAL TRUST Co raised its holdings in shares of 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 worth $30,000 after buying an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $60.21 on Thursday. The business’s 50 day moving average price is $59.48 and its 200-day moving average price is $58.30. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $61.49. The company has a market cap of $33.84 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.