Bristlecone Advisors LLC lowered its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 5.8% during the 2nd quarter, Holdings Channel reports. The fund owned 36,894 shares of the company’s stock after selling 2,289 shares during the period. Bristlecone Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,931,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elite Financial Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $25,000. Fiduciary Advisors Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter worth approximately $26,000. Tompkins Financial Corp raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 515 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $29,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $30,000.
SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%
Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $56.44 on Wednesday. The company has a market cap of $30.36 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $56.75. The business has a 50 day moving average price of $55.02 and a 200-day moving average price of $52.65.
About SPDR Portfolio S&P 500 Value ETF
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.
See Also
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- How to Short a Stock in 5 Easy Steps
- The Drone Arms Race: From Battlefield to Balance Sheet
- What is the Nikkei 225 index?
- Why Wall Street Is Backing These 3 Comeback Stocks
- How is Compound Interest Calculated?
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
