Townsquare Capital LLC Reduces Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Townsquare Capital LLC lowered its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 79.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 37,781 shares of the company’s stock after selling 146,337 shares during the quarter. Townsquare Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Financial Engines Advisors L.L.C. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock worth $4,522,086,000 after buying an additional 642,820 shares during the period. Allworth Financial LP lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.0% in the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock worth $1,118,890,000 after buying an additional 382,214 shares during the period. Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.7% in the 4th quarter. Valmark Advisers Inc. now owns 8,740,145 shares of the company’s stock valued at $496,528,000 after purchasing an additional 231,888 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock valued at $474,565,000 after purchasing an additional 304,642 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock valued at $412,574,000 after purchasing an additional 264,960 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.8%

SPYV opened at $60.21 on Thursday. The stock has a market cap of $33.84 billion, a PE ratio of 20.50 and a beta of 0.82. The business has a 50 day moving average of $59.48 and a 200-day moving average of $58.30. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $50.82 and a 52 week high of $61.49.

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. 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.