American Financial & Tax Strategies Inc. Has $7.92 Million Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

American Financial & Tax Strategies Inc. lowered its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 139,462 shares of the company’s stock after selling 8,613 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 3.9% of American Financial & Tax Strategies Inc.’s investment portfolio, making the stock its 4th largest position. American Financial & Tax Strategies Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,923,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SPYV. AQR Capital Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after acquiring an additional 8,012 shares during the period. Russell Investments Group Ltd. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after acquiring an additional 3,994 shares during the period. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $3,008,000. Qube Research & Technologies Ltd grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after purchasing an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

Shares of NYSEARCA SPYV opened at $58.94 on Tuesday. The business has a fifty day simple moving average of $57.88 and a 200 day simple moving average of $57.30. The firm has a market capitalization of $33.07 billion, a price-to-earnings ratio of 20.50 and a beta of 0.84. SPDR Portfolio S&P 500 Value ETF has a one year low of $48.27 and a one year 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.