Retirement Planning Group LLC Trims Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Retirement Planning Group LLC lessened its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 353,161 shares of the company’s stock after selling 13,301 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 0.8% of Retirement Planning Group LLC’s portfolio, making the stock its 24th largest holding. Retirement Planning Group LLC owned about 0.07% of SPDR Portfolio S&P 500 Value ETF worth $18,036,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 78,214,398 shares of the company’s stock worth $3,999,884,000 after purchasing an additional 1,528,406 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 41,404,616 shares of the company’s stock valued at $2,117,432,000 after acquiring an additional 2,253,997 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% during the 4th quarter. Allworth Financial LP now owns 20,370,433 shares of the company’s stock valued at $1,065,781,000 after acquiring an additional 69,747 shares during the last quarter. Demars Financial Group LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,184.5% in the fourth quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock worth $825,654,000 after purchasing an additional 15,839,453 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 8,030,623 shares of the company’s stock worth $410,711,000 after purchasing an additional 767,901 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

Shares of SPYV opened at $50.97 on Thursday. The firm has a fifty day simple moving average of $49.29 and a two-hundred day simple moving average of $51.30. The firm has a market cap of $25.76 billion, a PE ratio of 21.00 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $55.42.

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.