Diligent Investors LLC Has $12.84 Million Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Diligent Investors LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,048 shares of the company’s stock after selling 54,337 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 3.2% of Diligent Investors LLC’s holdings, making the stock its 3rd biggest holding. Diligent Investors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Abich Financial Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $44,000. TFC Financial Management Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth approximately $44,000. Wagner Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $45,000. Finally, Grand Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at $47,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.1%

Shares of SPYV stock opened at $56.71 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $59.75. The stock has a market capitalization of $31.60 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The stock has a fifty day simple moving average of $58.45 and a two-hundred day simple moving average of $56.72.

SPDR Portfolio S&P 500 Value ETF Company 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.