SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Holdings Cut by Index Fund Advisors Inc.

Index Fund Advisors Inc. cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 31,654 shares of the company’s stock after selling 192 shares during the quarter. Index Fund Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SPYV. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after purchasing an additional 3,176,679 shares during the period. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock valued at $1,073,094,000 after buying an additional 461,035 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the third quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock valued at $396,020,000 after acquiring an additional 140,498 shares during the period. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares during the last quarter. Finally, Townsquare Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% during the third quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock worth $200,433,000 after acquiring an additional 255,672 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.3 %

Shares of NYSEARCA:SPYV opened at $52.29 on Tuesday. The firm’s 50 day moving average is $52.29 and its two-hundred day moving average is $52.34. The firm has a market capitalization of $22.66 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $46.42 and a 52 week high of $55.42.

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.