N.E.W. Advisory Services LLC Sells 27,476 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

N.E.W. Advisory Services LLC reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,552,616 shares of the company’s stock after selling 27,476 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 7.5% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 2nd biggest holding. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $79,401,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the 3rd 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 in the last quarter. Private Advisor Group LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after purchasing an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $33,000. Ausdal Financial Partners Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the third quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock worth $6,989,000 after purchasing 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% in the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock valued at $11,693,000 after buying an additional 25,003 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.5 %

NYSEARCA:SPYV opened at $52.60 on Friday. The stock has a 50 day moving average of $52.60 and a two-hundred day moving average of $52.23. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $46.42 and a 12 month high of $55.42. The firm has a market cap of $22.80 billion, a P/E 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.