SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is Partnership Wealth Management LLC’s 6th Largest Position

Partnership Wealth Management LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 44.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,331 shares of the company’s stock after selling 96,715 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 4.6% of Partnership Wealth Management LLC’s holdings, making the stock its 6th largest position. Partnership Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,466,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPYV. Regal Investment Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 17.9% during the fourth quarter. Regal Investment Advisors LLC now owns 16,154 shares of the company’s stock worth $753,000 after purchasing an additional 2,453 shares in the last quarter. Visionary Wealth Advisors increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 86.1% during the fourth quarter. Visionary Wealth Advisors now owns 42,762 shares of the company’s stock worth $1,994,000 after purchasing an additional 19,786 shares in the last quarter. Vista Investment Management acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $220,000. Jacobi Capital Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 0.7% in the 4th quarter. Jacobi Capital Management LLC now owns 176,520 shares of the company’s stock valued at $8,231,000 after acquiring an additional 1,293 shares during the period. Finally, Waverly Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 1.6% in the 4th quarter. Waverly Advisors LLC now owns 102,720 shares of the company’s stock valued at $4,790,000 after acquiring an additional 1,637 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2 %

Shares of SPYV opened at $52.44 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $52.98. The stock’s 50 day moving average is $51.58 and its two-hundred day moving average is $49.99. The firm has a market capitalization of $22.73 billion, a PE ratio of 24.09 and a beta of 0.81.

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.