SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by SVB Wealth LLC

SVB Wealth LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 23.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,766 shares of the company’s stock after selling 19,987 shares during the quarter. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,442,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Connecticut Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $139,839,000. Laurel Wealth Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock valued at $94,581,000 after acquiring an additional 1,772,591 shares during the period. JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 25.0% during the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock worth $347,327,000 after purchasing an additional 1,360,243 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the second quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock worth $51,805,000 after purchasing an additional 965,401 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 11.8% during the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after purchasing an additional 949,699 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $56.65 on Tuesday. The stock has a market cap of $30.61 billion, a PE ratio of 20.50 and a beta of 0.89. The company’s 50-day moving average price is $55.88 and its two-hundred day moving average price is $54.06. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $57.08.

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.