SPDR Portfolio S&P 500 Value ETF $SPYV Stock Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,029,031 shares of the company’s stock after selling 18,223 shares during the period. Confluence Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $62,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in SPYV. Marathon Mission Inc. grew its stake in SPDR Portfolio S&P 500 Value ETF by 0.9% during the 3rd quarter. Marathon Mission Inc. now owns 498,156 shares of the company’s stock worth $30,452,000 after buying an additional 4,512 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 29.5% in the second quarter. QRG Capital Management Inc. now owns 6,759 shares of the company’s stock valued at $411,000 after acquiring an additional 1,539 shares during the period. Revere Asset Management Inc acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $238,000. Pecaut & CO. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.5% during the second quarter. Pecaut & CO. now owns 185,397 shares of the company’s stock worth $11,270,000 after acquiring an additional 7,958 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 1,807.9% during the second quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after acquiring an additional 5,981,186 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV traded down $0.07 during trading on Thursday, reaching $61.06. The company’s stock had a trading volume of 601,579 shares, compared to its average volume of 2,821,922. The firm has a market cap of $35.55 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $54.24 and a twelve month high of $64.26. The business’s fifty day moving average price is $62.84 and its 200-day moving average price is $60.79.

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. 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.