Cary Street Partners Financial LLC Trims Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Cary Street Partners Financial LLC cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 242,701 shares of the company’s stock after selling 15,605 shares during the period. Cary Street Partners Financial LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $246,963,000. Laurel Wealth Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock valued at $94,581,000 after purchasing an additional 1,772,591 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 103.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock valued at $96,245,000 after purchasing an additional 935,644 shares in the last quarter. Finally, TIAA Trust National Association lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 30.6% in the 2nd quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after purchasing an additional 895,188 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $59.21 on Wednesday. The company has a market cap of $33.00 billion, a PE ratio of 20.50 and a beta of 0.89. The firm’s 50 day moving average price is $58.11 and its 200-day moving average price is $56.36. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $59.75.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.