BCGM Wealth Management LLC Has $813,000 Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

BCGM Wealth Management LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 9.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,388 shares of the company’s stock after selling 1,547 shares during the quarter. BCGM Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $813,000 at the end of the most recent quarter.

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

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $53.52 on Friday. The stock’s 50 day simple moving average is $52.86 and its 200 day simple moving average is $50.85. The company has a market cap of $23.20 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $43.31 and a fifty-two week high of $54.61.

About SPDR Portfolio S&P 500 Value ETF

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.