Oarsman Capital Inc. Lowers Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Oarsman Capital Inc. decreased its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,626 shares of the company’s stock after selling 219 shares during the period. Oarsman Capital Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $441,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPYV. Park Place Capital Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $37,000. Lindbrook Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after buying an additional 481 shares in the last quarter. Angeles Investment Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $41,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $44,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 5.7 %

Shares of NYSEARCA:SPYV opened at $46.33 on Friday. The company has a 50-day moving average price of $51.78 and a 200 day moving average price of $52.46. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $46.27 and a 12 month high of $55.42. The company has a market cap of $22.85 billion, a price-to-earnings ratio of 21.49 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.1798 per share. The ex-dividend date was Monday, March 24th.

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.