Dynasty Wealth Management LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Dynasty Wealth Management LLC trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,620,443 shares of the company’s stock after selling 1,112,479 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.0% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Dynasty Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $205,677,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of SPYV. AQR Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $3,008,000. Qube Research & Technologies Ltd lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after buying an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $61.04 on Wednesday. The firm has a market cap of $34.30 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm has a 50-day simple moving average of $58.82 and a two-hundred day simple moving average of $58.05. SPDR Portfolio S&P 500 Value ETF has a one year low of $50.67 and a one year high of $61.33.

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. 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.