Howe & Rusling Inc. decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 26.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,242 shares of the company’s stock after selling 1,168 shares during the quarter. Howe & Rusling Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $166,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. Elite Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $25,000. Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $29,000. VSM Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $30,000. Flaharty Asset Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $32,000. Finally, Garde Capital Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $33,000.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA:SPYV opened at $54.66 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $55.42. The stock has a market capitalization of $28.02 billion, a P/E ratio of 20.50 and a beta of 0.94. The stock has a 50-day simple moving average of $53.66 and a 200-day simple moving average of $51.50.
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.
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Want to see what other hedge funds are holding SPYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report).
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