Capital Investment Advisors LLC cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 39.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,821 shares of the company’s stock after selling 4,447 shares during the quarter. Capital Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $357,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Elite Financial Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $25,000. Fiduciary Advisors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the second quarter worth about $26,000. Tompkins Financial Corp raised its position in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after acquiring an additional 515 shares during the period. Headlands Technologies LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Finally, VSM Wealth Advisory LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $30,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPYV stock opened at $55.48 on Friday. The firm has a market cap of $28.44 billion, a price-to-earnings ratio of 20.50 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 $55.55. The firm’s 50-day simple moving average is $54.21 and its two-hundred day simple moving average is $51.85.
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.
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