City Center Advisors LLC Cuts Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

City Center Advisors LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 83,552 shares of the company’s stock after selling 1,125 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 4.8% of City Center Advisors LLC’s holdings, making the stock its 2nd biggest position. City Center Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,273,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after purchasing an additional 286,795 shares in the last quarter. Private Advisor Group LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 4.6% in the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after buying an additional 121,974 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at approximately $33,000. Asset Management Group Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 1.7% during the 2nd quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock worth $4,476,000 after acquiring an additional 1,525 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock worth $6,989,000 after acquiring an additional 40,830 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.6 %

NYSEARCA SPYV opened at $50.42 on Monday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $45.64 and a 12-month high of $55.42. The firm’s 50 day moving average is $53.01 and its 200-day moving average is $51.95. The company has a market capitalization of $21.85 billion, a PE ratio of 24.09 and a beta of 0.81.

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.