SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,298,247 shares of the company’s stock after selling 1,706,209 shares during the period. Royal Bank of Canada’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $243,194,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Key Capital Management INC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Highline Wealth Partners LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after acquiring an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $26,000. Meramec Financial Planners LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $28,000. Finally, Signature Equity Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.9%

Shares of NYSEARCA:SPYV opened at $62.18 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.97 and a twelve month high of $62.91. The company’s 50 day moving average is $61.26 and its 200 day moving average is $59.40. The company has a market cap of $36.24 billion, a PE ratio of 20.50 and a beta of 0.82.

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.