JPMorgan Chase & Co. Sells 660,134 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

JPMorgan Chase & Co. lowered its position 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 disclosure with the Securities & Exchange Commission. The institutional investor owned 6,796,464 shares of the company’s stock after selling 660,134 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $386,107,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPYV. AQR Capital Management LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the first 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 in the last quarter. Russell Investments Group Ltd. grew its stake in 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 worth $272,000 after purchasing an additional 3,994 shares in the last quarter. Marshall Wace LLP bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $3,008,000. Qube Research & Technologies Ltd grew its stake in SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after purchasing an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.8%

Shares of NYSEARCA:SPYV opened at $60.21 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $50.82 and a 52-week high of $61.49. The stock has a market cap of $33.84 billion, a P/E ratio of 20.50 and a beta of 0.82. The business’s 50 day moving average is $59.48 and its 200 day moving average is $58.30.

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.