Sage Mountain Advisors LLC Sells 1,025 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Sage Mountain Advisors LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,853 shares of the company’s stock after selling 1,025 shares during the quarter. Sage Mountain Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $431,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brogan Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $279,000. Northwest Financial Advisors bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $543,000. Chicago Partners Investment Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% in the fourth quarter. Chicago Partners Investment Group LLC now owns 32,190 shares of the company’s stock worth $1,493,000 after purchasing an additional 665 shares during the last quarter. MGO One Seven LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25.3% in the fourth quarter. MGO One Seven LLC now owns 108,470 shares of the company’s stock worth $5,058,000 after purchasing an additional 21,869 shares during the last quarter. Finally, Level Four Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.3% in the fourth quarter. Level Four Advisory Services LLC now owns 119,601 shares of the company’s stock worth $5,577,000 after purchasing an additional 4,966 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.43 during trading on Friday, hitting $52.57. The company’s stock had a trading volume of 1,910,128 shares, compared to its average volume of 2,618,713. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $52.61. The stock has a market cap of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock has a 50-day moving average price of $50.13 and a two-hundred day moving average price of $49.23.

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.