CoreCap Advisors LLC Sells 479,670 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

CoreCap Advisors LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 40.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 715,808 shares of the company’s stock after selling 479,670 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 1.3% of CoreCap Advisors LLC’s investment portfolio, making the stock its 13th largest holding. CoreCap Advisors LLC owned approximately 0.12% of SPDR Portfolio S&P 500 Value ETF worth $43,514,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Morgan Stanley raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% in the fourth quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after purchasing an additional 10,778,683 shares during the period. Valpey Financial Services LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock worth $121,193,000 after buying an additional 2,097,544 shares during the period. Royal Bank of Canada grew its stake in SPDR Portfolio S&P 500 Value ETF by 38.5% in the 4th quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after buying an additional 1,670,152 shares during the last quarter. Wellington Management Group LLP acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $68,850,000. Finally, 71 West Capital Partners bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $59,561,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $63.11 on Wednesday. The company has a market capitalization of $36.79 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $52.46 and a one year high of $63.19. The company’s fifty day moving average price is $61.38 and its 200 day moving average price is $59.52.

SPDR Portfolio S&P 500 Value ETF 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.