Kingswood Wealth Advisors LLC Sells 708 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Kingswood Wealth Advisors LLC cut its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,217 shares of the company’s stock after selling 708 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,034,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Flagship Harbor Advisors LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $84,057,000. Orion Portfolio Solutions LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the third quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after purchasing an additional 1,360,461 shares during the period. Principal Securities Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 113,776.3% during the third quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock worth $32,505,000 after purchasing an additional 614,392 shares during the period. Finally, Benjamin Edwards Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 1,371.8% during the third quarter. Benjamin Edwards Inc. now owns 623,960 shares of the company’s stock worth $32,982,000 after purchasing an additional 581,565 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $52.91 on Wednesday. The company has a fifty day moving average price of $52.64 and a two-hundred day moving average price of $52.22. The stock has a market cap of $22.93 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42.

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.