Confluence Wealth Services Inc. Trims Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Confluence Wealth Services Inc. cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 62.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,852 shares of the company’s stock after selling 12,789 shares during the quarter. Confluence Wealth Services Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $415,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. CENTRAL TRUST Co lifted its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% in the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after purchasing an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares during the period. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $29,000. Olistico Wealth LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.0 %

Shares of SPYV opened at $52.24 on Monday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $41.22 and a 12-month high of $53.93. The firm has a fifty day moving average price of $52.54 and a 200-day moving average price of $50.51. The firm has a market capitalization of $22.64 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.