Cooper Financial Group Cuts Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Cooper Financial Group trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,376 shares of the company’s stock after selling 17,867 shares during the period. Cooper Financial Group’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,907,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. grew its position in SPDR Portfolio S&P 500 Value ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after acquiring an additional 642,820 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 16.1% in the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after acquiring an additional 2,682,951 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock worth $474,565,000 after acquiring an additional 304,642 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% in the 3rd quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock valued at $470,762,000 after purchasing an additional 236,642 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock valued at $412,574,000 after purchasing an additional 264,960 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $55.84 on Friday. The firm has a market cap of $31.12 billion, a P/E ratio of 20.50 and a beta of 0.89. The firm’s fifty day moving average is $58.33 and its 200 day moving average is $56.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $59.75.

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. 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.