Assetmark Inc. trimmed its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 12.8% during the first quarter, Holdings Channel.com reports. The firm owned 303,562 shares of the company’s stock after selling 44,732 shares during the period. Assetmark Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $17,176,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in SPYV. Main Street Group LTD purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $93,000. Angeles Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 6.1% in the first quarter. Angeles Wealth Management LLC now owns 2,198,037 shares of the company’s stock valued at $124,365,000 after acquiring an additional 125,407 shares during the last quarter. SteelPeak Wealth LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 271.2% in the first quarter. SteelPeak Wealth LLC now owns 105,113 shares of the company’s stock valued at $5,947,000 after acquiring an additional 76,796 shares in the last quarter. Independent Financial Group LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $8,840,000. Finally, Frazier Financial Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 10.5% in the first quarter. Frazier Financial Advisors LLC now owns 13,940 shares of the company’s stock valued at $789,000 after acquiring an additional 1,322 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of SPYV stock opened at $61.92 on Monday. The stock’s 50-day moving average is $60.98 and its two-hundred day moving average is $59.14. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.97 and a 1 year high of $62.55. The firm has a market cap of $36.00 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.
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.
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