Oppenheimer & Co. Inc. Sells 82,595 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Oppenheimer & Co. Inc. trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 91.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 7,812 shares of the company’s stock after selling 82,595 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Demars Financial Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% during the 4th quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock worth $825,654,000 after acquiring an additional 15,839,453 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $281,432,000. Horizon Investments LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 300.5% in the fourth quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after buying an additional 4,349,903 shares in the last quarter. NorthRock Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 167.3% during the fourth quarter. NorthRock Partners LLC now owns 4,406,510 shares of the company’s stock valued at $225,349,000 after purchasing an additional 2,757,825 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock worth $2,117,432,000 after acquiring an additional 2,253,997 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.0%

SPYV stock opened at $52.87 on Wednesday. The stock has a market capitalization of $26.94 billion, a PE ratio of 20.36 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $55.42. The firm has a 50 day moving average of $50.68 and a 200 day moving average of $50.92.

SPDR Portfolio S&P 500 Value ETF Company 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.