SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Asset Dedication LLC

Asset Dedication LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 40.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,212 shares of the company’s stock after selling 825 shares during the period. Asset Dedication LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $62,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. CENTRAL TRUST Co lifted its stake 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 buying an additional 327 shares during 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 worth about $31,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000. Legacy Investment Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $52.89 on Friday. The firm has a market capitalization of $22.92 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. The stock’s fifty day moving average is $52.63 and its 200-day moving average is $52.22. SPDR Portfolio S&P 500 Value ETF has a one year low of $46.42 and a one year 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.