Laurel Wealth Planning LLC Has $7.18 Million Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Laurel Wealth Planning LLC reduced its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 135,852 shares of the company’s stock after selling 8,337 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 4.7% of Laurel Wealth Planning LLC’s portfolio, making the stock its 7th largest position. Laurel Wealth Planning LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,181,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. CENTRAL TRUST Co grew its position in SPDR Portfolio S&P 500 Value ETF by 199.4% during the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 404 shares during the period. Crewe Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $29,000. Olistico Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $30,000. Finally, EdgeRock Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the second quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock traded up $0.29 during trading hours on Friday, hitting $52.51. 164,296 shares of the company’s stock were exchanged, compared to its average volume of 2,619,081. The stock’s 50-day moving average is $52.54 and its 200-day moving average is $50.44. The stock has a market cap of $22.76 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $41.22 and a 52 week high of $53.93.

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.