Farther Finance Advisors LLC Cuts Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Farther Finance Advisors LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,376 shares of the company’s stock after selling 493 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,144,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after buying an additional 3,176,679 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% in the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock worth $1,065,781,000 after acquiring an additional 69,747 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the 4th quarter. Valmark Advisers Inc. now owns 7,666,293 shares of the company’s stock worth $392,054,000 after acquiring an additional 174,424 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after acquiring an additional 286,795 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $281,432,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $50.61 on Friday. The firm has a market cap of $24.78 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42. The firm has a 50 day moving average price of $52.05 and a 200-day moving average price of $52.59.

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.