SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Trimmed by PFG Advisors

PFG Advisors decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,359 shares of the company’s stock after selling 5,761 shares during the period. PFG Advisors’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,166,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Park Place Capital Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $31,000. Lindbrook Capital LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 224.8% during the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock valued at $36,000 after purchasing an additional 481 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $37,000. MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $44,000. Finally, Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% during the fourth quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after acquiring an additional 560 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $50.20 on Thursday. The company has a 50-day simple moving average of $52.09 and a 200-day simple moving average of $52.62. The firm has a market capitalization of $24.58 billion, a P/E ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a one year low of $47.22 and a one year high of $55.42.

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.