SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Lessened by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,552,616 shares of the company’s stock after selling 27,476 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 7.5% of N.E.W. Advisory Services LLC’s holdings, making the stock its 2nd largest position. N.E.W. Advisory Services LLC owned 0.36% of SPDR Portfolio S&P 500 Value ETF worth $79,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in SPYV. Sei Investments Co. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 40.5% in the second quarter. Sei Investments Co. now owns 10,772 shares of the company’s stock worth $525,000 after purchasing an additional 3,106 shares during the last quarter. Creative Planning grew its stake in SPDR Portfolio S&P 500 Value ETF by 23.1% during the 2nd quarter. Creative Planning now owns 82,888 shares of the company’s stock worth $4,040,000 after buying an additional 15,541 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 128.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 15,839 shares of the company’s stock valued at $772,000 after buying an additional 8,919 shares in the last quarter. Truist Financial Corp raised its stake in SPDR Portfolio S&P 500 Value ETF by 1.3% in the second quarter. Truist Financial Corp now owns 305,488 shares of the company’s stock valued at $14,889,000 after buying an additional 3,833 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $3,218,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $52.60 on Friday. The company’s fifty day moving average price is $52.60 and its 200-day moving average price is $52.23. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $46.42 and a 1-year high of $55.42. The firm has a market capitalization of $22.80 billion, a PE 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.