Cassaday & Co Wealth Management LLC Has $797,000 Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cassaday & Co Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.6% during the 4th quarter, HoldingsChannel reports. The fund owned 15,583 shares of the company’s stock after selling 246 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $797,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares in the last quarter. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% in the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after purchasing an additional 69,747 shares during the last quarter. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 2.3% during the fourth quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock worth $392,054,000 after buying an additional 174,424 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares in the last quarter. Finally, Townsquare Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% in the third quarter. Townsquare Capital LLC now owns 3,791,777 shares of the company’s stock worth $200,433,000 after buying an additional 255,672 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $53.19 on Friday. The business’s 50-day simple moving average is $52.05 and its 200-day simple moving average is $52.45. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $47.22 and a 52 week high of $55.42. The firm has a market cap of $23.05 billion, a price-to-earnings 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.