Ariadne Wealth Management LP Sells 302 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Ariadne Wealth Management LP cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.7% in the fourth quarter, Holdings Channel reports. The fund owned 5,029 shares of the company’s stock after selling 302 shares during the quarter. Ariadne Wealth Management LP’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $263,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 6.3% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,804 shares of the company’s stock valued at $246,000 after buying an additional 284 shares during the period. TIAA Trust National Association raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. TIAA Trust National Association now owns 3,877,502 shares of the company’s stock valued at $198,295,000 after purchasing an additional 46,227 shares during the last quarter. FineMark National Bank & Trust purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $203,000. Modern Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 70.5% during the 4th quarter. Modern Wealth Management LLC now owns 1,280,932 shares of the company’s stock valued at $66,980,000 after purchasing an additional 529,800 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 20.2% in the fourth quarter. Prudential Financial Inc. now owns 1,016,021 shares of the company’s stock worth $51,959,000 after buying an additional 171,082 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $51.43 on Tuesday. The company’s fifty day moving average price is $52.07 and its 200-day moving average price is $52.56. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42. The firm has a market capitalization of $25.18 billion, a PE ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.1798 per share. The ex-dividend date is Monday, March 24th.

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.