Laurel Wealth Planning LLC reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 135,852 shares of the company’s stock after selling 8,337 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 4.7% of Laurel Wealth Planning LLC’s holdings, making the stock its 7th largest position. Laurel Wealth Planning LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,181,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. WealthPLAN Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 3.4% during the first quarter. WealthPLAN Partners LLC now owns 14,215 shares of the company’s stock worth $712,000 after buying an additional 470 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares during the last quarter. Williams Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after acquiring an additional 42,302,888 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $33,000. Finally, Lynch & Associates IN boosted its position in SPDR Portfolio S&P 500 Value ETF by 3.7% during the second quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after purchasing an additional 5,030 shares during the period.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.6 %
SPYV stock traded up $0.29 during midday trading on Friday, hitting $52.51. 164,296 shares of the company traded hands, compared to its average volume of 2,619,081. The business has a 50 day simple moving average of $52.54 and a 200-day simple moving average of $50.44. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $41.22 and a twelve month high of $53.93.
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.
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