Concourse Financial Group Securities Inc. Has $562,000 Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Concourse Financial Group Securities Inc. lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 37.1% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 11,212 shares of the company’s stock after selling 6,609 shares during the period. Concourse Financial Group Securities Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $562,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYV. Avior Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the first quarter. Avior Wealth Management LLC now owns 498,492 shares of the company’s stock valued at $24,974,000 after buying an additional 23,081 shares during the last quarter. Retirement Group LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 69.0% in the first quarter. Retirement Group LLC now owns 14,570 shares of the company’s stock valued at $730,000 after acquiring an additional 5,950 shares in the last quarter. Mission Wealth Management LP purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $712,000. Wambolt & Associates LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 10.1% during the first quarter. Wambolt & Associates LLC now owns 51,026 shares of the company’s stock worth $2,541,000 after acquiring an additional 4,669 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $18,418,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.01 during trading hours on Friday, hitting $48.65. 1,610,515 shares of the company’s stock traded hands, compared to its average volume of 2,425,492. The stock has a market capitalization of $21.08 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $50.20. The company has a fifty day simple moving average of $49.00 and a 200-day simple moving average of $48.17.

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.