Pure Financial Advisors LLC Sells 11,780 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Pure Financial Advisors LLC reduced its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 362,925 shares of the company’s stock after selling 11,780 shares during the quarter. Pure Financial Advisors LLC owned 0.08% of SPDR Portfolio S&P 500 Value ETF worth $18,560,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after acquiring an additional 3,176,679 shares during the period. Flagship Harbor Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $84,057,000. Orion Portfolio Solutions LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after buying an additional 1,360,461 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 113,776.3% in the 3rd quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock worth $32,505,000 after purchasing an additional 614,392 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,371.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 623,960 shares of the company’s stock worth $32,982,000 after purchasing an additional 581,565 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $52.01 on Tuesday. The company has a market cap of $22.54 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $45.64 and a 1 year high of $55.42. The stock’s fifty day moving average price is $52.77 and its 200-day moving average price is $52.07.

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.