Sage Mountain Advisors LLC Decreases Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Sage Mountain Advisors LLC lowered its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,854 shares of the company’s stock after selling 999 shares during the quarter. Sage Mountain Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $411,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Elite Financial Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $25,000. Fiduciary Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $26,000. Tompkins Financial Corp boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 515 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Finally, VSM Wealth Advisory LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $56.25 on Friday. The company has a fifty day moving average of $54.92 and a two-hundred day moving average of $52.50. The company has a market capitalization of $30.25 billion, a PE ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $56.37.

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.