Stonebrook Private Inc. Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Stonebrook Private Inc. reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,331 shares of the company’s stock after selling 29,029 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.2% of Stonebrook Private Inc.’s investment portfolio, making the stock its 24th biggest position. Stonebrook Private Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Narus Financial Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.8% during the 2nd quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock valued at $353,000 after buying an additional 197 shares during the period. Venturi Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% during the third quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock worth $70,000 after purchasing an additional 202 shares in the last quarter. MAI Capital Management boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock valued at $878,000 after purchasing an additional 243 shares during the period. Mcdonald Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 2.1% during the 2nd quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock worth $607,000 after buying an additional 256 shares during the period. Finally, Cahaba Wealth Management Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.6% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock worth $371,000 after buying an additional 263 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $54.66 on Friday. The firm has a 50-day moving average of $53.03 and a two-hundred day moving average of $51.01. The stock has a market cap of $23.69 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $43.93 and a 1-year high of $54.72.

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.