Klingman & Associates LLC Reduces Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Klingman & Associates LLC lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,098,135 shares of the company’s stock after selling 12,519 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 3.5% of Klingman & Associates LLC’s holdings, making the stock its 8th largest holding. Klingman & Associates LLC owned 0.25% of SPDR Portfolio S&P 500 Value ETF worth $56,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CENTRAL TRUST Co increased its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after buying an additional 327 shares during the period. Park Place Capital Corp bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $31,000. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $37,000. MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $44,000. Finally, Crewe Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 136.9% in the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock valued at $50,000 after buying an additional 560 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.96 on Wednesday. The firm has a market capitalization of $22.95 billion, a PE ratio of 24.09 and a beta of 0.81. The company’s fifty day moving average price is $52.07 and its two-hundred day moving average price is $52.42. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-week high of $55.42.

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.