SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 812,694 shares of the company’s stock after selling 24,222 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 0.9% of Modern Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Modern Wealth Management LLC owned 0.15% of SPDR Portfolio S&P 500 Value ETF worth $44,966,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sequent Planning LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.5% during the 3rd quarter. Sequent Planning LLC now owns 20,268 shares of the company’s stock worth $1,121,000 after acquiring an additional 1,928 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 3.6% during the third quarter. Aptus Capital Advisors LLC now owns 7,204 shares of the company’s stock worth $399,000 after purchasing an additional 253 shares during the last quarter. Integrity Advisory Solutions LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $230,000. Compton Financial Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.8% during the third quarter. Compton Financial Group LLC now owns 999,983 shares of the company’s stock worth $55,329,000 after purchasing an additional 27,586 shares in the last quarter. Finally, Consolidated Portfolio Review Corp boosted its position in SPDR Portfolio S&P 500 Value ETF by 12.3% during the third quarter. Consolidated Portfolio Review Corp now owns 12,035 shares of the company’s stock worth $666,000 after purchasing an additional 1,314 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.1%

Shares of SPYV stock opened at $57.91 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $59.75. The stock has a market cap of $32.27 billion, a P/E ratio of 20.50 and a beta of 0.89. The business has a fifty day simple moving average of $58.42 and a 200-day simple moving average of $56.61.

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.