SPDR Portfolio S&P 500 Value ETF $SPYV Stake Trimmed by Scarborough Advisors LLC

Scarborough Advisors LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 29.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 460,215 shares of the company’s stock after selling 190,247 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 2.9% of Scarborough Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Scarborough Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $26,039,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. AQR Capital Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after acquiring an additional 8,012 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% in the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after acquiring an additional 3,994 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $3,008,000. Qube Research & Technologies Ltd raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $61.92 on Monday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $62.55. The firm has a market cap of $36.00 billion, a PE ratio of 20.50 and a beta of 0.82. The stock has a fifty day moving average price of $60.98 and a 200 day moving average price of $59.14.

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.