SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by SVB Wealth LLC

SVB Wealth LLC trimmed its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,530 shares of the company’s stock after selling 11,121 shares during the period. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,871,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Key Capital Management INC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $25,000. Highline Wealth Partners LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after buying an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $26,000. Abich Financial Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $27,000. Finally, CENTRAL TRUST Co boosted its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after buying an additional 346 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $60.10 on Monday. The firm has a market cap of $33.77 billion, a PE ratio of 20.50 and a beta of 0.82. The company’s fifty day moving average is $57.96 and its two-hundred day moving average is $57.50. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.37.

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.