Brookstone Capital Management Has $19.09 Million Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Brookstone Capital Management cut its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 50.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 374,169 shares of the company’s stock after selling 386,846 shares during the period. Brookstone Capital Management owned 0.09% of SPDR Portfolio S&P 500 Value ETF worth $19,086,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Crewe Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $29,000. Olistico Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at $30,000. Salem Investment Counselors Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at about $35,000. Finally, Vima LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $36,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.19 on Friday, hitting $50.96. 1,747,051 shares of the company’s stock traded hands, compared to its average volume of 2,591,206. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $51.43. The stock has a market capitalization of $22.09 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50-day moving average price is $49.58 and its two-hundred day moving average price is $48.91.

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.