Costello Asset Management INC Trims Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Costello Asset Management INC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 26.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,503 shares of the company’s stock after selling 1,589 shares during the quarter. Costello Asset Management INC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $230,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SPYV. CENTRAL TRUST Co raised its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares in the last quarter. Park Place Capital Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $31,000. ORG Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $33,000. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %

Shares of NYSEARCA SPYV opened at $52.60 on Friday. The stock has a market capitalization of $22.80 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock’s 50 day moving average price is $52.60 and its two-hundred day moving average price is $52.23. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $46.42 and a 52-week high of $55.42.

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.