Assetmark Inc. Cuts Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Assetmark Inc. trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 61.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,646 shares of the company’s stock after selling 187,596 shares during the period. Assetmark Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,016,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYV. LPL Financial LLC boosted 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 valued at $2,069,502,000 after buying an additional 3,176,679 shares during the period. Bank of New York Mellon Corp boosted its position in SPDR Portfolio S&P 500 Value ETF by 105.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,312,481 shares of the company’s stock valued at $169,400,000 after buying an additional 1,696,888 shares during the period. Dynasty Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 71.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 3,310,399 shares of the company’s stock valued at $169,294,000 after buying an additional 1,380,993 shares during the period. Mount Yale Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $69,902,000. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the third quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after purchasing an additional 1,360,461 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.8 %

SPDR Portfolio S&P 500 Value ETF stock opened at $52.03 on Friday. The firm has a 50-day moving average of $52.12 and a 200-day moving average of $52.64. The firm has a market cap of $25.25 billion, a P/E ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

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.