SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 521,742 shares of the company’s stock after selling 45,343 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $29,520,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Morgan Stanley boosted its stake in SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares in the last quarter. Valpey Financial Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after purchasing an additional 2,097,544 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% in the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock worth $341,112,000 after buying an additional 1,670,152 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $68,850,000. Finally, 71 West Capital Partners acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $59,561,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5%

NYSEARCA:SPYV opened at $63.14 on Friday. The company has a market capitalization of $36.81 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $52.97 and a 12 month high of $63.31. The firm has a fifty day simple moving average of $61.49 and a 200-day simple moving average of $59.61.

SPDR Portfolio S&P 500 Value ETF Company 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.