Goldman Sachs Group Inc. Sells 4,328,954 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Goldman Sachs Group Inc. cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,896,174 shares of the company’s stock after selling 4,328,954 shares during the period. Goldman Sachs Group Inc. owned about 3.21% of SPDR Portfolio S&P 500 Value ETF worth $1,016,682,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Key Capital Management INC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Highline Wealth Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after buying an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. Abich Financial Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $27,000. Finally, CENTRAL TRUST Co boosted its position in SPDR Portfolio S&P 500 Value ETF by 191.2% during the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after buying an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $61.04 on Wednesday. The firm’s 50 day simple moving average is $58.82 and its 200 day simple moving average is $58.05. SPDR Portfolio S&P 500 Value ETF has a one year low of $50.67 and a one year high of $61.33. The company has a market cap of $34.30 billion, a PE ratio of 20.50 and a beta of 0.82.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.