Millington Financial Advisors LLC Sells 1,840 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Millington Financial Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 221,137 shares of the company’s stock after selling 1,840 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 8.3% of Millington Financial Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Millington Financial Advisors LLC owned approximately 0.06% of SPDR Portfolio S&P 500 Value ETF worth $10,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BKM Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $26,000. McGlone Suttner Wealth Management Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $28,000. Sunbelt Securities Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 165.5% during the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares during the period. Aptus Capital Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 377.4% during the third quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock worth $38,000 after purchasing an additional 736 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 52.5% during the third quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock worth $41,000 after purchasing an additional 344 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7 %

NYSEARCA:SPYV traded up $0.35 on Tuesday, reaching $48.56. 1,527,809 shares of the company’s stock were exchanged, compared to its average volume of 2,675,751. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. The business has a fifty day moving average of $48.54 and a 200-day moving average of $45.91. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $50.20.

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.