Townsquare Capital LLC Sells 92,291 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Townsquare Capital LLC decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 33.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,118 shares of the company’s stock after selling 92,291 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 1.5% of Townsquare Capital LLC’s holdings, making the stock its 11th biggest position. Townsquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,187,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Atlantic Union Bankshares Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $36,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth $36,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $44,000. TFC Financial Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. Finally, Sound Income Strategies LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 75.8% during the 2nd quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock valued at $42,000 after purchasing an additional 348 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2%

Shares of NYSEARCA SPYV opened at $58.07 on Friday. The company has a market cap of $32.27 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $58.50. The business has a 50-day simple moving average of $57.28 and a two-hundred day simple moving average of $55.57.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.