SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Global Retirement Partners LLC

Global Retirement Partners LLC lowered its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 352,119 shares of the company’s stock after selling 35,649 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $18,613,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Narus Financial Partners LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 2.8% during the second quarter. Narus Financial Partners LLC now owns 7,246 shares of the company’s stock valued at $353,000 after buying an additional 197 shares during the period. Breakwater Capital Group grew its position in SPDR Portfolio S&P 500 Value ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 57,997 shares of the company’s stock valued at $2,906,000 after buying an additional 243 shares during the period. Mcdonald Partners LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 2.1% during the second quarter. Mcdonald Partners LLC now owns 12,452 shares of the company’s stock valued at $607,000 after buying an additional 256 shares during the period. Cahaba Wealth Management Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 3.6% during the second quarter. Cahaba Wealth Management Inc. now owns 7,622 shares of the company’s stock valued at $371,000 after buying an additional 263 shares during the period. Finally, Evermay Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 8.8% during the first quarter. Evermay Wealth Management LLC now owns 3,459 shares of the company’s stock valued at $173,000 after buying an additional 280 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV stock traded down $0.07 during midday trading on Thursday, hitting $53.76. 509,465 shares of the stock traded hands, compared to its average volume of 2,570,928. The firm has a market cap of $23.30 billion, a P/E ratio of 24.09 and a beta of 0.81. The stock’s fifty day simple moving average is $51.99 and its 200-day simple moving average is $50.14. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $53.89.

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.