Citigroup Inc. Decreases Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Citigroup Inc. lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,149 shares of the company’s stock after selling 17,078 shares during the quarter. Citigroup Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,830,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYV. AQR Capital Management LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares in the last quarter. Claro Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 9.9% during the 2nd quarter. Claro Advisors LLC now owns 6,924 shares of the company’s stock worth $362,000 after acquiring an additional 625 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $36,000. Commonwealth Equity Services LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 5.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,484,953 shares of the company’s stock valued at $77,722,000 after purchasing an additional 77,774 shares in the last quarter. Finally, Modera Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 1.3% in the 2nd quarter. Modera Wealth Management LLC now owns 126,386 shares of the company’s stock valued at $6,615,000 after purchasing an additional 1,673 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.1%

SPDR Portfolio S&P 500 Value ETF stock opened at $57.91 on Friday. The firm has a market capitalization of $32.27 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $59.75. The firm’s 50-day simple moving average is $58.42 and its 200 day simple moving average is $56.61.

SPDR Portfolio S&P 500 Value ETF Company 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.