Farther Finance Advisors LLC Sells 493 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Farther Finance Advisors LLC reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,376 shares of the company’s stock after selling 493 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,144,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. Park Place Capital Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $31,000. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $37,000. Lindbrook Capital LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% in the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after buying an additional 481 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $44,000. Finally, Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 136.9% in the 4th quarter. Crewe Advisors LLC now owns 969 shares of the company’s stock worth $50,000 after buying an additional 560 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA:SPYV opened at $50.61 on Friday. The firm’s 50-day moving average price is $52.05 and its 200-day moving average price is $52.59. The company has a market capitalization of $24.78 billion, a PE ratio of 21.43 and a beta of 0.93. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $47.22 and a 1-year high of $55.42.

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.