Alpha Cubed Investments LLC Cuts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Alpha Cubed Investments LLC cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,164 shares of the company’s stock after selling 524 shares during the quarter. Alpha Cubed Investments LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $264,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Allworth Financial LP grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after buying an additional 461,035 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock valued at $396,020,000 after buying an additional 140,498 shares during the period. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares in the last quarter. Finally, Advisory Alpha LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.2% in the 2nd quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock worth $213,893,000 after acquiring an additional 512,054 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

Shares of NYSEARCA:SPYV opened at $52.38 on Wednesday. The company has a 50 day moving average of $52.77 and a two-hundred day moving average of $52.07. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $46.36 and a 52-week high of $55.42. The company has a market capitalization of $22.70 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.