Allworth Financial LP Sells 1,290,724 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Allworth Financial LP trimmed its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,476,358 shares of the company’s stock after selling 1,290,724 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 4.8% of Allworth Financial LP’s portfolio, making the stock its 6th biggest position. Allworth Financial LP owned approximately 3.17% of SPDR Portfolio S&P 500 Value ETF worth $1,123,178,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. raised its stake in SPDR Portfolio S&P 500 Value ETF by 7.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after acquiring an additional 18,366 shares in the last quarter. Potentia Wealth boosted its stake in SPDR Portfolio S&P 500 Value ETF by 3.1% in the fourth quarter. Potentia Wealth now owns 455,161 shares of the company’s stock valued at $25,858,000 after acquiring an additional 13,826 shares in the last quarter. Palladiem LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $4,421,000. Hsbc Holdings PLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 26.6% during the fourth quarter. Hsbc Holdings PLC now owns 198,294 shares of the company’s stock worth $11,265,000 after purchasing an additional 41,670 shares during the last quarter. Finally, Compton Financial Group LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 43.5% during the fourth quarter. Compton Financial Group LLC now owns 1,434,747 shares of the company’s stock worth $81,508,000 after purchasing an additional 434,764 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%

Shares of NYSEARCA SPYV traded down $0.38 during trading hours on Tuesday, reaching $63.06. The stock had a trading volume of 1,363,569 shares, compared to its average volume of 2,951,128. The firm has a 50-day moving average of $62.61 and a 200-day moving average of $60.35. The firm has a market cap of $36.76 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $53.94 and a fifty-two week high of $64.26.

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. 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.