Kensington Asset Management LLC Lowers Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Kensington Asset Management LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 41,880 shares of the company’s stock after selling 9,995 shares during the quarter. Kensington Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,396,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Empirical Asset Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after buying an additional 183 shares during the period. Fiduciary Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after buying an additional 185 shares during the period. Principle Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% in the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after buying an additional 191 shares during the period. Note Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 3rd quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock valued at $229,000 after buying an additional 195 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock valued at $120,000 after buying an additional 213 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $61.27 on Friday. The stock has a 50-day simple moving average of $59.66 and a 200-day simple moving average of $58.36. The stock has a market capitalization of $34.43 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.82 and a 1 year high of $61.49.

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.