Tranquility Partners LLC Sells 1,408 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Tranquility Partners LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 20.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,471 shares of the company’s stock after selling 1,408 shares during the period. Tranquility Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $255,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Bartlett & CO. Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Deutsche Bank AG bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. BKM Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. McGlone Suttner Wealth Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $28,000. Finally, Sunbelt Securities Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 165.5% in the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock valued at $35,000 after acquiring an additional 533 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV traded up $0.20 during trading on Thursday, hitting $47.57. The stock had a trading volume of 115,479 shares, compared to its average volume of 2,656,231. The company has a market capitalization of $20.39 billion, a PE ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $50.20. The stock has a 50 day simple moving average of $48.50 and a two-hundred day simple moving average of $45.73.

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.