Newbridge Financial Services Group Inc. lowered its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 17.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,282 shares of the company’s stock after selling 268 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $66,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the company. SOA Wealth Advisors LLC. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 40.1% in the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock worth $8,094,000 after purchasing an additional 43,857 shares during the last quarter. Simplicity Wealth LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 76.6% in the 3rd quarter. Simplicity Wealth LLC now owns 8,198 shares of the company’s stock worth $433,000 after purchasing an additional 3,555 shares in the last quarter. Carnegie Investment Counsel grew its stake in SPDR Portfolio S&P 500 Value ETF by 9.1% during the 3rd quarter. Carnegie Investment Counsel now owns 10,806 shares of the company’s stock worth $571,000 after buying an additional 902 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 7.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 15,597 shares of the company’s stock valued at $824,000 after buying an additional 1,111 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF by 4.6% in the third quarter. Redhawk Wealth Advisors Inc. now owns 47,195 shares of the company’s stock valued at $2,495,000 after buying an additional 2,064 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA SPYV opened at $52.29 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $46.42 and a fifty-two week high of $55.42. The company has a market cap of $22.66 billion, a PE ratio of 24.09 and a beta of 0.81. The business has a 50-day simple moving average of $52.29 and a two-hundred day simple moving average of $52.34.
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.
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