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

BIP Wealth LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 431,762 shares of the company’s stock after selling 55,227 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.0% of BIP Wealth LLC’s investment portfolio, making the stock its 15th largest holding. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $24,429,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SPYV. Key Capital Management INC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Highline Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the fourth quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock worth $26,000 after acquiring an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $26,000. Triumph Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth approximately $30,000. Finally, CENTRAL TRUST Co raised its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after purchasing an additional 346 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $61.64 on Friday. The stock’s fifty day moving average is $60.54 and its two-hundred day moving average is $58.80. The firm has a market capitalization of $35.74 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $51.97 and a fifty-two week high of $61.87.

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.