Laurel Wealth Advisors LLC Sells 1,772,424 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Laurel Wealth Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 98.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,623 shares of the company’s stock after selling 1,772,424 shares during the period. Laurel Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.6% in the 2nd quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock valued at $870,421,000 after purchasing an additional 422,591 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the 3rd quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock worth $470,762,000 after buying an additional 236,642 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock worth $412,574,000 after buying an additional 264,960 shares during the last quarter. Bank of America Corp DE boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock valued at $339,083,000 after buying an additional 337,506 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 1.4% in the second quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock valued at $304,674,000 after buying an additional 80,477 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.1%

SPDR Portfolio S&P 500 Value ETF stock opened at $59.50 on Monday. The stock has a market cap of $33.16 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $59.75. The business’s 50-day moving average price is $58.26 and its two-hundred day moving average price is $56.48.

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.