1834 Investment Advisors Co. Sells 37,878 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

1834 Investment Advisors Co. reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 289,573 shares of the company’s stock after selling 37,878 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.9% of 1834 Investment Advisors Co.’s portfolio, making the stock its 12th largest position. 1834 Investment Advisors Co. owned about 0.07% of SPDR Portfolio S&P 500 Value ETF worth $14,809,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYV. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $84,057,000. Orion Portfolio Solutions LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock valued at $76,629,000 after purchasing an additional 1,360,461 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 113,776.3% during the 3rd quarter. Principal Securities Inc. now owns 614,932 shares of the company’s stock valued at $32,505,000 after purchasing an additional 614,392 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 1,371.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 623,960 shares of the company’s stock worth $32,982,000 after purchasing an additional 581,565 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $52.56 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year high of $55.42. The company has a market cap of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The firm has a 50 day simple moving average of $52.67 and a 200 day simple moving average of $52.15.

SPDR Portfolio S&P 500 Value ETF 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.