Nicolet Bankshares Inc. Has $58.58 Million Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Nicolet Bankshares Inc. reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,058,711 shares of the company’s stock after selling 47,539 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 9.4% of Nicolet Bankshares Inc.’s holdings, making the stock its 2nd largest position. Nicolet Bankshares Inc. owned approximately 0.20% of SPDR Portfolio S&P 500 Value ETF worth $58,578,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYV. Farther Finance Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.8% during the third quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after buying an additional 21,383 shares during the last quarter. ERn Financial LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 11.2% in the 3rd quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after buying an additional 64,828 shares in the last quarter. Destiny Capital Corp CO raised its position in SPDR Portfolio S&P 500 Value ETF by 7.4% in the 3rd quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock worth $19,783,000 after buying an additional 24,508 shares during the last quarter. AE Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 19.5% during the 3rd quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock valued at $172,519,000 after acquiring an additional 509,151 shares during the period. Finally, Capital Advisory Group Advisory Services LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 10.2% during the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock valued at $8,117,000 after acquiring an additional 13,540 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1%

Shares of NYSEARCA SPYV opened at $56.71 on Friday. The firm’s 50-day moving average price is $58.45 and its 200-day moving average price is $56.72. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $59.75. The company has a market cap of $31.60 billion, a PE ratio of 20.50 and a beta of 0.89.

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.