Corient Private Wealth LP Sells 263,352 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Corient Private Wealth LP trimmed its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 770,094 shares of the company’s stock after selling 263,352 shares during the quarter. Corient Private Wealth LP’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $46,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYV. AQR Capital Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after buying an additional 8,012 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after acquiring an additional 3,994 shares during the period. Marshall Wace LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $3,008,000. Qube Research & Technologies Ltd lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the second quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after acquiring an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth about $295,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.9%

NYSEARCA:SPYV opened at $63.04 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $54.24 and a 12-month high of $64.26. The stock has a 50-day moving average price of $62.73 and a 200 day moving average price of $60.45. The stock has a market capitalization of $36.75 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.