SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stake Lessened by Rodgers & Associates LTD

Rodgers & Associates LTD trimmed its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% during the fourth quarter, HoldingsChannel reports. The fund owned 475,300 shares of the company’s stock after selling 9,637 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.9% of Rodgers & Associates LTD’s holdings, making the stock its 11th largest position. Rodgers & Associates LTD’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $24,307,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after acquiring an additional 286,795 shares during the period. Private Advisor Group LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after buying an additional 121,974 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $33,000. Ausdal Financial Partners Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 44.7% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock worth $6,989,000 after buying an additional 40,830 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 12.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock valued at $11,693,000 after acquiring an additional 25,003 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $52.64 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $46.36 and a 1 year high of $55.42. The firm has a market capitalization of $22.81 billion, a PE ratio of 24.09 and a beta of 0.81. The stock has a fifty day moving average of $52.71 and a two-hundred day moving average of $52.10.

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.