M&T Bank Corp Has $10.10 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

M&T Bank Corp reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 191,058 shares of the company’s stock after selling 42,458 shares during the period. M&T Bank Corp’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,099,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SPYV. First National Bank of Omaha lifted its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% in the third quarter. First National Bank of Omaha now owns 13,456 shares of the company’s stock valued at $711,000 after acquiring an additional 187 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 18.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,324 shares of the company’s stock valued at $70,000 after purchasing an additional 202 shares during the last quarter. MAI Capital Management boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 1.5% in the third quarter. MAI Capital Management now owns 16,614 shares of the company’s stock worth $878,000 after purchasing an additional 243 shares in the last quarter. Cahaba Wealth Management Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 3.6% during the second quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock worth $371,000 after buying an additional 263 shares during the last quarter. Finally, Redwood Financial Network Corp raised its holdings in SPDR Portfolio S&P 500 Value ETF by 1.2% during the second quarter. Redwood Financial Network Corp now owns 26,303 shares of the company’s stock valued at $1,282,000 after buying an additional 314 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $51.74 on Monday. The company has a market cap of $22.42 billion, a PE ratio of 24.09 and a beta of 0.81. The stock has a 50-day moving average of $53.54 and a 200-day moving average of $51.71. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42.

SPDR Portfolio S&P 500 Value ETF 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.