SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 238,743 shares of the company’s stock after selling 35,827 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SPYV. Tower Wealth Partners Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% during the first quarter. Tower Wealth Partners Inc. now owns 44,623 shares of the company’s stock worth $2,279,000 after purchasing an additional 351 shares during the last quarter. Leicht Financial Planning & Wealth Management Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.8% during the 1st quarter. Leicht Financial Planning & Wealth Management Inc. now owns 439,954 shares of the company’s stock worth $22,468,000 after purchasing an additional 7,699 shares during the last quarter. Buttonwood Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $4,731,000. Rockwood Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 18.8% in the 1st quarter. Rockwood Wealth Management LLC now owns 5,171 shares of the company’s stock valued at $264,000 after buying an additional 819 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,965 shares of the company’s stock valued at $611,000 after buying an additional 228 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $55.70 on Friday. The firm has a market cap of $29.90 billion, a P/E ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $55.97. The firm’s 50 day moving average price is $54.25 and its 200 day moving average price is $51.88.

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.