SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Advisory Alpha LLC’s 2nd Largest Position

Advisory Alpha LLC decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,586,864 shares of the company’s stock after selling 87,485 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 8.4% of Advisory Alpha LLC’s investment portfolio, making the stock its 2nd largest holding. Advisory Alpha LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $234,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after purchasing an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 404 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $33,000. Legacy Investment Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $52.38 on Wednesday. The firm has a market capitalization of $22.70 billion, a P/E ratio of 24.09 and a beta of 0.81. The company has a 50-day simple moving average of $52.77 and a 200-day simple moving average of $52.07. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.36 and a one year high of $55.42.

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.