HM Payson & Co. Sells 37,348 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

HM Payson & Co. lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 121,945 shares of the company’s stock after selling 37,348 shares during the period. HM Payson & Co.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,236,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. SOA Wealth Advisors LLC. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 40.1% during the third quarter. SOA Wealth Advisors LLC. now owns 153,126 shares of the company’s stock valued at $8,094,000 after purchasing an additional 43,857 shares during the last quarter. Graypoint LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 26.2% during the third quarter. Graypoint LLC now owns 40,407 shares of the company’s stock valued at $2,136,000 after buying an additional 8,383 shares during the last quarter. Portside Wealth Group LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 9.8% in the third quarter. Portside Wealth Group LLC now owns 171,712 shares of the company’s stock worth $9,077,000 after acquiring an additional 15,338 shares in the last quarter. Mainstream Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $334,000. Finally, TFB Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $200,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.03 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 year high of $55.42. The firm’s 50-day moving average is $52.12 and its 200 day moving average is $52.63. The stock has a market cap of $25.25 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.

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.