Wealth Advisors Northwest LLC lowered its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 22.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,407 shares of the company’s stock after selling 8,620 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 0.6% of Wealth Advisors Northwest LLC’s investment portfolio, making the stock its 25th biggest holding. Wealth Advisors Northwest LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.9% in the first quarter. Valmark Advisers Inc. now owns 8,996,058 shares of the company’s stock worth $508,997,000 after purchasing an additional 255,913 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock valued at $383,708,000 after purchasing an additional 5,981,186 shares during the period. NorthRock Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.6% during the 2nd quarter. NorthRock Partners LLC now owns 4,889,672 shares of the company’s stock valued at $297,243,000 after purchasing an additional 303,367 shares during the period. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $263,007,000. Finally, Cetera Investment Advisers increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 4,205,952 shares of the company’s stock valued at $237,973,000 after purchasing an additional 230,152 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.8%
NYSEARCA SPYV opened at $64.13 on Friday. The company has a 50-day moving average price of $62.88 and a 200-day moving average price of $60.58. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $64.64. The firm has a market capitalization of $38.80 billion, a P/E ratio of 20.50 and a beta of 0.82.
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. 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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