SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,250 shares of the company’s stock after selling 27,834 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 5.5% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 3rd largest position. Cobblestone Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYV. Morgan Stanley raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% in the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after purchasing an additional 10,778,683 shares in the last quarter. Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 16.1% during the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after buying an additional 2,682,951 shares in the last quarter. Valpey Financial Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 5,865.0% in the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock worth $121,193,000 after buying an additional 2,097,544 shares during the last quarter. Royal Bank of Canada grew its position in SPDR Portfolio S&P 500 Value ETF by 38.5% in the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock worth $341,112,000 after buying an additional 1,670,152 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $68,850,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $61.64 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.97 and a 1 year high of $61.87. The business’s fifty day moving average is $60.54 and its two-hundred day moving average is $58.80. The stock has a market capitalization of $35.79 billion, a P/E 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.