GPS Wealth Strategies Group LLC Sells 130,600 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

GPS Wealth Strategies Group LLC lessened its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 51.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,984 shares of the company’s stock after selling 130,600 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 0.9% of GPS Wealth Strategies Group LLC’s holdings, making the stock its 18th biggest position. GPS Wealth Strategies Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,994,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. EdgeRock Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $29,000. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Olistico Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth about $30,000. Salem Investment Counselors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $35,000. Finally, Vima LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $36,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV traded up $0.22 during midday trading on Wednesday, hitting $50.25. The company’s stock had a trading volume of 1,428,820 shares, compared to its average volume of 2,600,814. The business’s 50 day simple moving average is $49.49 and its 200 day simple moving average is $48.86. The company has a market cap of $21.78 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $51.43.

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.