SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners lessened its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 748,161 shares of the company’s stock after selling 16,117 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 5.0% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 5th biggest position. Tennessee Valley Asset Management Partners owned 0.12% of SPDR Portfolio S&P 500 Value ETF worth $45,735,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPYV. Hartford Financial Management Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $26,000. Foresight Capital Management Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $26,000. Davis Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $27,000. Signature Equity Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the period. Finally, Advisortrust Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

Shares of SPYV stock traded down $0.25 on Friday, reaching $63.07. The company’s stock had a trading volume of 3,047,160 shares, compared to its average volume of 2,924,325. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $54.44 and a 12-month high of $65.52. The company has a market capitalization of $38.06 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day simple moving average is $62.92 and its 200-day simple moving average is $60.73.

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.