Foresight Capital Management Advisors Inc. Cuts Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Foresight Capital Management Advisors Inc. lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,555 shares of the company’s stock after selling 5,021 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 1.9% of Foresight Capital Management Advisors Inc.’s portfolio, making the stock its 20th largest holding. Foresight Capital Management Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,250,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Heritage Family Offices LLP acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $298,000. Essex Savings Bank boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 32.2% during the fourth quarter. Essex Savings Bank now owns 5,968 shares of the company’s stock worth $305,000 after purchasing an additional 1,455 shares during the last quarter. ERn Financial LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% during the fourth quarter. ERn Financial LLC now owns 541,565 shares of the company’s stock worth $27,696,000 after purchasing an additional 19,312 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 50.8% during the fourth quarter. Pinnacle Bancorp Inc. now owns 13,133 shares of the company’s stock worth $672,000 after purchasing an additional 4,426 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 48,308 shares of the company’s stock worth $2,470,000 after purchasing an additional 1,113 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.3 %

SPYV stock opened at $51.64 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42. The stock’s fifty day simple moving average is $52.91 and its 200-day simple moving average is $51.98. The stock has a market capitalization of $22.38 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.