SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,008 shares of the company’s stock after selling 3,457 shares during the period. Freedom Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,072,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYV. Elite Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $26,000. Tompkins Financial Corp grew its stake in SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after buying an additional 515 shares during the last quarter. Headlands Technologies LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, VSM Wealth Advisory LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5%

NYSEARCA:SPYV opened at $55.72 on Thursday. The stock’s 50 day moving average price is $54.84 and its 200 day moving average price is $52.30. The company has a market capitalization of $29.95 billion, a PE ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.15.

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.