Nicolet Advisory Services LLC Sells 1,960,787 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Nicolet Advisory Services LLC trimmed its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 61.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,208,677 shares of the company’s stock after selling 1,960,787 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.7% of Nicolet Advisory Services LLC’s holdings, making the stock its 2nd largest position. Nicolet Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $70,309,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Empirical Asset Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the fourth quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock worth $717,000 after purchasing an additional 183 shares in the last quarter. Fiduciary Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% during the third quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock worth $281,000 after purchasing an additional 185 shares in the last quarter. Principle Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% during the fourth quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock worth $268,000 after purchasing an additional 191 shares in the last quarter. Note Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the third quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock worth $229,000 after purchasing an additional 195 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,118 shares of the company’s stock worth $120,000 after purchasing an additional 213 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7%

Shares of SPYV stock opened at $61.27 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $50.82 and a 1 year high of $61.49. The firm’s 50 day moving average is $59.66 and its 200-day moving average is $58.36. The firm has a market capitalization of $34.43 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

About SPDR Portfolio S&P 500 Value ETF

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.