SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. trimmed its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 119,393 shares of the company’s stock after selling 6,991 shares during the period. Freedom Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,311,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Williams Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after acquiring an additional 42,302,888 shares during the last quarter. LPL Financial LLC increased its position in 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 worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Cetera Investment Advisers increased its position in SPDR Portfolio S&P 500 Value ETF by 209.0% during the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock worth $126,801,000 after purchasing an additional 1,711,930 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $84,057,000. Finally, Strategic Financial Concepts LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2,863.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 867,189 shares of the company’s stock valued at $423,000 after purchasing an additional 837,925 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $55.06 on Wednesday. The company has a market capitalization of $23.86 billion, a P/E ratio of 24.09 and a beta of 0.81. The company has a 50 day simple moving average of $53.19 and a 200-day simple moving average of $51.17. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $43.93 and a 1 year high of $55.22.

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.