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

BCS Wealth Management trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 45.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 197,332 shares of the company’s stock after selling 165,249 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.3% of BCS Wealth Management’s holdings, making the stock its 8th largest position. BCS Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,165,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Nottingham Advisors Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF by 7.2% during the first quarter. Nottingham Advisors Inc. now owns 868,602 shares of the company’s stock worth $49,145,000 after acquiring an additional 58,035 shares in the last quarter. Steph & Co. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 44.5% during the 1st quarter. Steph & Co. now owns 1,279 shares of the company’s stock valued at $72,000 after purchasing an additional 394 shares during the last quarter. PMG Wealth Management Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 1.8% in the first quarter. PMG Wealth Management Inc. now owns 11,068 shares of the company’s stock valued at $626,000 after buying an additional 201 shares in the last quarter. Capstone Wealth Management Group LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 5.5% during the fourth quarter. Capstone Wealth Management Group LLC now owns 28,745 shares of the company’s stock worth $1,633,000 after buying an additional 1,503 shares during the last quarter. Finally, Waystone Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 141.8% during the first quarter. Waystone Advisors LLC now owns 44,819 shares of the company’s stock worth $2,536,000 after buying an additional 26,281 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

NYSEARCA:SPYV opened at $60.56 on Wednesday. The stock has a market capitalization of $34.03 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $51.49 and a 1 year high of $61.87. The firm has a 50 day moving average of $60.18 and a 200-day moving average of $58.59.

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.