SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Topel & Distasi Wealth Management LLC

Topel & Distasi Wealth Management LLC trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 38,716 shares of the company’s stock after selling 15,720 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 1.2% of Topel & Distasi Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Topel & Distasi Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Avior Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $46,088,000. Waller Financial Planning Group Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 6.2% in the 3rd quarter. Waller Financial Planning Group Inc. now owns 613,847 shares of the company’s stock worth $37,524,000 after purchasing an additional 36,059 shares during the last quarter. Mather Group LLC. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $621,000. Evergreen Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $640,000. Finally, Tidal Investments LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 45.2% in the second quarter. Tidal Investments LLC now owns 29,874 shares of the company’s stock valued at $1,816,000 after purchasing an additional 9,296 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%

Shares of NYSEARCA:SPYV opened at $64.43 on Wednesday. The firm’s 50 day moving average is $62.96 and its two-hundred day moving average is $60.79. The firm has a market capitalization of $38.85 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $65.52.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.