Colton Groome Financial Advisors LLC Has $5.15 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Colton Groome Financial Advisors LLC reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 110,485 shares of the company’s stock after selling 6,126 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 2.2% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Colton Groome Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock worth $3,031,943,000 after acquiring an additional 1,485,730 shares in the last quarter. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% during the 3rd quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock worth $1,160,421,000 after acquiring an additional 1,687,275 shares in the last quarter. Allworth Financial LP boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 4th quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock worth $865,301,000 after acquiring an additional 807,687 shares in the last quarter. Morgan Stanley boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 7,904,655 shares of the company’s stock worth $307,412,000 after acquiring an additional 91,766 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.4% during the 3rd quarter. Valmark Advisers Inc. now owns 7,379,369 shares of the company’s stock worth $304,473,000 after acquiring an additional 175,073 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV traded up $0.10 during trading hours on Thursday, hitting $47.47. 1,990,962 shares of the company were exchanged, compared to its average volume of 2,681,608. The company has a market capitalization of $20.34 billion, a PE ratio of 23.06 and a beta of 0.88. The firm has a fifty day simple moving average of $48.50 and a 200-day simple moving average of $45.73. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20.

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.