SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Position Reduced by Stonebrook Private Inc.

Stonebrook Private Inc. reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,331 shares of the company’s stock after selling 29,029 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.2% of Stonebrook Private Inc.’s holdings, making the stock its 24th biggest position. Stonebrook Private Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of SPYV. O Shaughnessy Asset Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 37.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 22,443 shares of the company’s stock valued at $1,124,000 after buying an additional 6,064 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $406,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $278,000. Mount Yale Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $68,483,000. Finally, Transcendent Capital Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $75,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

SPYV opened at $54.66 on Friday. The company’s 50-day moving average price is $53.03 and its 200 day moving average price is $51.01. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $43.93 and a fifty-two week high of $54.72. The firm has a market cap of $23.69 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.