Newbridge Financial Services Group Inc. Lowers Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Newbridge Financial Services Group Inc. trimmed its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,282 shares of the company’s stock after selling 268 shares during the period. Newbridge Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $66,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. CENTRAL TRUST Co increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares during the last quarter. Park Place Capital Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $31,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $33,000. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $52.29 on Tuesday. The firm has a fifty day moving average price of $52.29 and a 200 day moving average price of $52.34. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.42 and a fifty-two week high of $55.42. The firm has a market cap of $22.66 billion, a PE ratio of 24.09 and a beta of 0.81.

About SPDR Portfolio S&P 500 Value ETF

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.