Parkway Wealth Management Group LLC cut its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 13.1% in the 1st quarter, Holdings Channel reports. The fund owned 149,444 shares of the company’s stock after selling 22,590 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.1% of Parkway Wealth Management Group LLC’s holdings, making the stock its 25th largest position. Parkway Wealth Management Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $8,692,000 as of its most recent filing with the SEC.
Other hedge funds have also recently made changes to their positions in the company. Asempa Wealth Advisors purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $945,000. ERn Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 4.9% in the 4th quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after purchasing an additional 31,736 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after buying an additional 18,366 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $10,928,000. Finally, TIAA Trust National Association boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% during the 3rd quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock valued at $239,580,000 after buying an additional 506,795 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPYV opened at $60.55 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $51.70 and a fifty-two week high of $61.87. The stock has a market cap of $34.03 billion, a PE ratio of 20.50 and a beta of 0.82. The firm’s 50-day simple moving average is $60.27 and its two-hundred day simple moving average is $58.65.
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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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