NewEdge Advisors LLC Sells 448,824 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

NewEdge Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 79.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,261 shares of the company’s stock after selling 448,824 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,691,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock valued at $15,797,000 after acquiring an additional 18,366 shares during the period. OLD National Bancorp IN lifted its position in SPDR Portfolio S&P 500 Value ETF by 2.2% during the 4th quarter. OLD National Bancorp IN now owns 1,661,688 shares of the company’s stock worth $94,400,000 after acquiring an additional 36,118 shares during the period. Vicus Capital grew its stake in SPDR Portfolio S&P 500 Value ETF by 4.1% during the 4th quarter. Vicus Capital now owns 731,625 shares of the company’s stock valued at $41,564,000 after purchasing an additional 28,653 shares during the last quarter. Destiny Capital Corp CO grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.5% during the 4th quarter. Destiny Capital Corp CO now owns 370,227 shares of the company’s stock valued at $21,033,000 after purchasing an additional 12,685 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.0% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 407,450 shares of the company’s stock valued at $23,147,000 after purchasing an additional 11,957 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $62.16 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $51.97 and a fifty-two week high of $62.91. The firm has a market capitalization of $36.22 billion, a PE ratio of 20.50 and a beta of 0.82. The stock’s 50-day simple moving average is $61.29 and its 200-day simple moving average is $59.43.

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.