Charles Schwab Investment Management Inc. Has $6.82 Million Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Charles Schwab Investment Management Inc. cut its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.3% during the 4th quarter, HoldingsChannel reports. The firm owned 133,286 shares of the company’s stock after selling 16,986 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,816,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPYV. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at $37,000. MassMutual Private Wealth & Trust FSB acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $44,000. Crewe Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 136.9% during the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after purchasing an additional 560 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $54,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $51.43 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42. The stock’s 50 day moving average price is $52.07 and its two-hundred day moving average price is $52.56. The stock has a market capitalization of $25.18 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be given a $0.1798 dividend. The ex-dividend date is Monday, March 24th.

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.