Sigma Planning Corp Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Sigma Planning Corp cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 68.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,825 shares of the company’s stock after selling 16,905 shares during the period. Sigma Planning Corp’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $365,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPYV. TIAA Trust National Association bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at $117,938,000. Bank of New York Mellon Corp increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 20,880.6% during the third quarter. Bank of New York Mellon Corp now owns 2,845,804 shares of the company’s stock valued at $117,418,000 after acquiring an additional 2,832,240 shares in the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2,334.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,877,647 shares of the company’s stock valued at $77,472,000 after acquiring an additional 1,800,505 shares in the last quarter. LPL Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% during the third quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock valued at $1,160,421,000 after acquiring an additional 1,687,275 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock valued at $3,031,943,000 after acquiring an additional 1,485,730 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $48.31 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20. The stock has a 50-day moving average of $48.64 and a 200 day moving average of $46.05. The company has a market capitalization of $20.70 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88.

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.