Carnegie Capital Asset Management LLC Sells 431 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Carnegie Capital Asset Management LLC lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,904 shares of the company’s stock after selling 431 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $462,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPYV. JPMorgan Chase & Co. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 37.9% during the 1st quarter. JPMorgan Chase & Co. now owns 33,696 shares of the company’s stock worth $1,407,000 after acquiring an additional 9,258 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 643.9% during the 1st quarter. Vontobel Holding Ltd. now owns 36,970 shares of the company’s stock worth $1,543,000 after acquiring an additional 32,000 shares during the last quarter. Cetera Investment Advisers grew its holdings in SPDR Portfolio S&P 500 Value ETF by 24.2% during the 1st quarter. Cetera Investment Advisers now owns 35,099 shares of the company’s stock worth $1,465,000 after acquiring an additional 6,849 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $631,000. Finally, Baird Financial Group Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 11.3% during the 1st quarter. Baird Financial Group Inc. now owns 217,240 shares of the company’s stock worth $9,070,000 after acquiring an additional 21,971 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %

Shares of NYSEARCA:SPYV opened at $47.40 on Wednesday. The firm has a market cap of $20.31 billion, a P/E ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $50.20. The company’s 50-day moving average price is $48.50 and its two-hundred day moving average price is $45.72.

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.