Alpha Cubed Investments LLC Trims Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Alpha Cubed Investments LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,164 shares of the company’s stock after selling 524 shares during the quarter. Alpha Cubed Investments LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $264,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the last quarter. Private Advisor Group LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after acquiring an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $33,000. Ausdal Financial Partners Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock valued at $6,989,000 after acquiring an additional 40,830 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 12.9% during the third quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock worth $11,693,000 after purchasing an additional 25,003 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.38 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $46.36 and a 12 month high of $55.42. The company has a fifty day moving average price of $52.77 and a two-hundred day moving average price of $52.07. The company has a market cap of $22.70 billion, a PE ratio of 24.09 and a beta of 0.81.

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.