Eldridge Investment Advisors Inc. Sells 34,575 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Eldridge Investment Advisors Inc. decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 54.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,246 shares of the company’s stock after selling 34,575 shares during the period. Eldridge Investment Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,496,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Donaldson Capital Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth about $221,000. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock worth $294,416,000 after buying an additional 286,795 shares during the last quarter. Hobart Private Capital LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock worth $8,377,000 after buying an additional 1,881 shares during the last quarter. Wrapmanager Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 0.6% in the 4th quarter. Wrapmanager Inc. now owns 208,554 shares of the company’s stock worth $10,665,000 after buying an additional 1,214 shares during the last quarter. Finally, Trilogy Capital Inc. raised its position in SPDR Portfolio S&P 500 Value ETF by 10.4% in the 4th quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after buying an additional 13,800 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $50.61 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $47.22 and a fifty-two week high of $55.42. The business has a 50-day simple moving average of $52.05 and a two-hundred day simple moving average of $52.60. The firm has a market cap of $24.78 billion, a price-to-earnings ratio of 21.43 and a beta of 0.93.

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.