Goldman Sachs Group Inc. Has $1.02 Billion Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Goldman Sachs Group Inc. cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,896,174 shares of the company’s stock after selling 4,328,954 shares during the quarter. Goldman Sachs Group Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,016,682,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Key Capital Management INC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Highline Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after purchasing an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $26,000. Abich Financial Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $27,000. Finally, Triumph Capital Management acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $61.04 on Wednesday. The company has a market capitalization of $34.30 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $50.67 and a 52-week high of $61.33. The company’s 50 day moving average price is $58.82 and its 200-day moving average price is $58.05.

SPDR Portfolio S&P 500 Value ETF 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.