Stratos Wealth Partners LTD. Trims Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Stratos Wealth Partners LTD. lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 39.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 327,486 shares of the company’s stock after selling 210,120 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $16,748,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. CENTRAL TRUST Co grew its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares in the last quarter. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth approximately $31,000. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $33,000. Legacy Investment Solutions LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $37,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $44,000.

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

SPYV opened at $52.44 on Wednesday. The business’s fifty day simple moving average is $52.50 and its 200-day simple moving average is $52.28. The company has a market capitalization of $22.73 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $46.42 and a 12-month high of $55.42.

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.