Sequoia Financial Advisors LLC Sells 3,243 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Sequoia Financial Advisors LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,201 shares of the company’s stock after selling 3,243 shares during the period. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares during the period. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $29,000. Olistico Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $30,000. EdgeRock Capital LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $30,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $33,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1 %

NYSEARCA SPYV opened at $53.21 on Thursday. The business has a 50-day moving average price of $52.35 and a 200-day moving average price of $50.29. The firm has a market cap of $23.06 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $53.93.

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.