HM Payson & Co. Sells 37,348 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

HM Payson & Co. lessened its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 121,945 shares of the company’s stock after selling 37,348 shares during the period. HM Payson & Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,236,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $281,432,000. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% during the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after acquiring an additional 1,696,888 shares in the last quarter. Dynasty Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 71.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock valued at $169,294,000 after acquiring an additional 1,380,993 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $69,902,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8 %

Shares of NYSEARCA SPYV opened at $52.03 on Friday. The firm has a fifty day simple moving average of $52.12 and a two-hundred day simple moving average of $52.63. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $47.22 and a 12 month high of $55.42. The firm has a market capitalization of $25.25 billion, a PE ratio of 22.42 and a beta of 0.95.

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.