Cantor Fitzgerald Investment Advisors L.P. cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 37.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 29,912 shares of the company’s stock after selling 18,253 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,530,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. LPL Financial LLC raised its stake in shares of 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 worth $2,069,502,000 after purchasing an additional 3,176,679 shares in the last quarter. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 Value ETF by 2.3% during the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after acquiring an additional 461,035 shares in the last quarter. Valmark Advisers Inc. raised its position in 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 worth $396,020,000 after acquiring an additional 140,498 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 286,795 shares during the last quarter. Finally, Townsquare Capital LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% during the 3rd quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock worth $200,433,000 after purchasing an additional 255,672 shares during the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
SPDR Portfolio S&P 500 Value ETF stock opened at $52.11 on Friday. The stock has a 50-day simple moving average of $52.35 and a 200 day simple moving average of $52.30. The stock has a market capitalization of $22.58 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.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- Top Biotech Stocks: Exploring Innovation Opportunities
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- 3 REITs to Buy and Hold for the Long Term
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.