Coastal Investment Advisors Inc. Has $26,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Coastal Investment Advisors Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Get Rating) by 85.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 681 shares of the company’s stock after selling 4,040 shares during the period. Coastal Investment Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $26,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Directions Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 100.3% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 759 shares of the company’s stock valued at $30,000 after buying an additional 380 shares during the last quarter. Activest Wealth Management purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $33,000. Guardian Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $34,000. Finally, Carolinas Wealth Consulting LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $40.33 on Friday. The firm has a market cap of $14.28 billion, a price-to-earnings ratio of 13.69 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $34.17 and a 52 week high of $42.97. The firm has a 50-day moving average price of $40.48 and a two-hundred day moving average price of $40.29.

SPDR Portfolio S&P 500 Value ETF Company Profile

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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.