SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,393 shares of the company’s stock after selling 6,991 shares during the period. Freedom Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,311,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Narus Financial Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.8% during the 2nd quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock worth $353,000 after buying an additional 197 shares during the period. Venturi Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% in the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after acquiring an additional 202 shares in the last quarter. MAI Capital Management raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after acquiring an additional 243 shares in the last quarter. Mcdonald Partners LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.1% in the second quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock valued at $607,000 after purchasing an additional 256 shares during the period. Finally, Cahaba Wealth Management Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 3.6% during the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock worth $371,000 after purchasing an additional 263 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock opened at $55.06 on Wednesday. The business’s 50-day moving average is $53.19 and its two-hundred day moving average is $51.17. The firm has a market capitalization of $23.86 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $43.93 and a 1 year high of $55.22.

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.