Lowery Thomas LLC Sells 102,643 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Lowery Thomas LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Get Rating) by 75.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,655 shares of the company’s stock after selling 102,643 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 1.5% of Lowery Thomas LLC’s holdings, making the stock its 17th largest position. Lowery Thomas LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,270,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 24,450,669 shares of the company’s stock worth $950,886,000 after acquiring an additional 4,298,363 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 538.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 23,192,234 shares of the company’s stock worth $901,946,000 after purchasing an additional 19,557,538 shares during the last quarter. Advisor Group Holdings Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 548.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 12,115,019 shares of the company’s stock valued at $471,192,000 after purchasing an additional 10,245,763 shares during the period. Allworth Financial LP increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6.8% during the 4th quarter. Allworth Financial LP now owns 6,899,712 shares of the company’s stock valued at $268,330,000 after purchasing an additional 440,627 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.9% in the 4th quarter. UBS Group AG now owns 6,172,356 shares of the company’s stock worth $240,043,000 after purchasing an additional 981,383 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.2 %

NYSEARCA SPYV traded up $0.47 during trading hours on Friday, hitting $40.80. 815,848 shares of the company’s stock traded hands, compared to its average volume of 2,862,556. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $34.17 and a 52 week high of $42.97. The firm has a market capitalization of $14.45 billion, a P/E ratio of 13.69 and a beta of 0.94. The business’s fifty day moving average price is $40.48 and its two-hundred day moving average price is $40.29.

About SPDR Portfolio S&P 500 Value ETF

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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.