Lido Advisors LLC Reduces Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Lido Advisors LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 43.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,832 shares of the company’s stock after selling 119,281 shares during the quarter. Lido Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,647,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after purchasing an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% in 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 position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $3,008,000. Qube Research & Technologies Ltd lifted its stake 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 period. Finally, Peapack Gladstone Financial Corp acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $61.94 on Friday. The firm has a market cap of $36.08 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.97 and a 1 year high of $62.55. The firm’s 50 day moving average price is $61.13 and its 200 day moving average price is $59.29.

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.