Asset Allocation Strategies LLC Cuts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Asset Allocation Strategies LLC cut its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 90.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,683 shares of the company’s stock after selling 87,080 shares during the period. Asset Allocation Strategies LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $491,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SPYV. AQR Capital Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after purchasing an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after buying an additional 3,994 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $3,008,000. Qube Research & Technologies Ltd raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after buying an additional 2,394 shares during the period. Finally, Peapack Gladstone Financial Corp purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $60.61 on Monday. The business’s fifty day moving average price is $60.32 and its 200 day moving average price is $58.67. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.86 and a twelve month high of $61.87. The stock has a market capitalization of $34.06 billion, a P/E ratio of 20.50 and a beta of 0.82.

About SPDR Portfolio S&P 500 Value ETF

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.