SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Spire Wealth Management

Spire Wealth Management lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 119,448 shares of the company’s stock after selling 15,938 shares during the period. Spire Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,252,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Elite Financial Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $25,000. Fiduciary Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Tompkins Financial Corp increased its position in SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after acquiring an additional 515 shares during the period. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $29,000. Finally, VSM Wealth Advisory LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.6%

Shares of SPYV stock opened at $56.10 on Thursday. The stock has a market capitalization of $30.17 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.75. The stock’s 50-day moving average price is $55.06 and its 200 day moving average price is $52.71.

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.