Wrapmanager Inc. Sells 26,847 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Wrapmanager Inc. lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 115,174 shares of the company’s stock after selling 26,847 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.2% of Wrapmanager Inc.’s holdings, making the stock its 14th biggest position. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,543,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPYV. Key Capital Management INC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Highline Wealth Partners LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after acquiring an additional 314 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth approximately $26,000. Abich Financial Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $27,000. Finally, Triumph Capital Management bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2%

NYSEARCA SPYV opened at $60.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $49.68 and a 12 month high of $60.61. The stock has a market cap of $34.05 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company’s 50 day moving average is $58.25 and its two-hundred day moving average is $57.80.

About SPDR Portfolio S&P 500 Value ETF

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.