SPDR Portfolio S&P 500 Value ETF $SPYV Position Reduced by Red Crane Wealth Management LLC

Red Crane Wealth Management LLC decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 128,894 shares of the company’s stock after selling 9,769 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 6.0% of Red Crane Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Red Crane Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,132,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Laurel Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock valued at $94,581,000 after acquiring an additional 1,772,591 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 103.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after purchasing an additional 935,644 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 30.6% during the second quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after buying an additional 895,188 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 22.6% in the second quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock valued at $136,547,000 after buying an additional 480,559 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $58.18 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $58.50. The company’s 50 day simple moving average is $56.90 and its 200 day simple moving average is $55.28. The company has a market capitalization of $32.36 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.