SMH Capital Advisors Inc. Has $2.38 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

SMH Capital Advisors Inc. lowered its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 49.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 100,675 shares of the company’s stock after selling 99,325 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for about 4.9% of SMH Capital Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. SMH Capital Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SPHY. Aspire Private Capital LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.6% in the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock worth $664,000 after acquiring an additional 435 shares during the period. PFG Investments LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock worth $208,000 after acquiring an additional 440 shares during the period. Cumberland Partners Ltd boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.5% in the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock worth $260,000 after acquiring an additional 466 shares during the period. MCF Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.4% in the fourth quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock worth $2,820,000 after acquiring an additional 509 shares during the period. Finally, Lynx Investment Advisory boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.3% in the third quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock worth $302,000 after acquiring an additional 522 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Up 0.5%

NYSEARCA SPHY opened at $23.40 on Friday. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The business has a 50-day moving average price of $23.43 and a 200-day moving average price of $23.56. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99.

About SPDR Portfolio High Yield Bond ETF

The SPDR Portfolio High Yield Bond ETF (SPHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund tracks an index that measures the performance of USD-denominated junk bonds. SPHY was launched on Jun 18, 2012 and is managed by State Street.