SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Accredited Investors Inc.

Accredited Investors Inc. cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 723,052 shares of the company’s stock after selling 9,903 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 2.2% of Accredited Investors Inc.’s investment portfolio, making the stock its 14th largest position. Accredited Investors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $40,910,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPYV. AQR Capital Management LLC boosted its stake in shares of 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 valued at $3,361,000 after acquiring an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. increased its position in 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 purchasing an additional 3,994 shares in the last quarter. Marshall Wace LLP acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $3,008,000. Qube Research & Technologies Ltd raised its stake in 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 valued at $565,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $295,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5%

NYSEARCA:SPYV opened at $61.60 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $62.19. The firm has a market cap of $35.78 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company’s 50-day moving average is $60.74 and its two-hundred day moving average is $58.95.

SPDR Portfolio S&P 500 Value ETF Company 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. 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.