Quent Capital LLC Lowers Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Quent Capital LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 149,219 shares of the company’s stock after selling 236 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.0% of Quent Capital LLC’s investment portfolio, making the stock its 23rd biggest position. Quent Capital LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,446,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of SPYV. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 37.9% during the first quarter. JPMorgan Chase & Co. now owns 33,696 shares of the company’s stock valued at $1,407,000 after purchasing an additional 9,258 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 643.9% during the first quarter. Vontobel Holding Ltd. now owns 36,970 shares of the company’s stock valued at $1,543,000 after acquiring an additional 32,000 shares during the period. Cetera Investment Advisers raised its holdings in SPDR Portfolio S&P 500 Value ETF by 24.2% during the first quarter. Cetera Investment Advisers now owns 35,099 shares of the company’s stock valued at $1,465,000 after acquiring an additional 6,849 shares during the period. Sequoia Financial Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $631,000. Finally, Baird Financial Group Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 11.3% during the first quarter. Baird Financial Group Inc. now owns 217,240 shares of the company’s stock valued at $9,070,000 after acquiring an additional 21,971 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.1 %

NYSEARCA:SPYV traded down $0.47 on Friday, reaching $43.21. 1,373,139 shares of the company’s stock traded hands, compared to its average volume of 2,382,953. The stock has a 50-day simple moving average of $43.62 and a 200-day simple moving average of $41.91. The firm has a market cap of $16.27 billion, a PE ratio of 13.69 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $34.17 and a 12 month high of $44.91.

SPDR Portfolio S&P 500 Value ETF Company 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.