KWB Wealth Has $83 Million Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

KWB Wealth reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,365,288 shares of the company’s stock after selling 262,271 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 7.1% of KWB Wealth’s holdings, making the stock its 3rd largest holding. KWB Wealth owned about 0.24% of SPDR Portfolio S&P 500 Value ETF worth $82,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 7.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after acquiring an additional 18,366 shares during the period. OLD National Bancorp IN lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.2% in the 4th quarter. OLD National Bancorp IN now owns 1,661,688 shares of the company’s stock valued at $94,400,000 after purchasing an additional 36,118 shares during the period. Destiny Capital Corp CO lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.5% in the 4th quarter. Destiny Capital Corp CO now owns 370,227 shares of the company’s stock valued at $21,033,000 after purchasing an additional 12,685 shares during the period. Breachway Investments LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $2,682,000. Finally, Benjamin Edwards Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.7% during the 4th quarter. Benjamin Edwards Inc. now owns 1,524,255 shares of the company’s stock valued at $86,593,000 after purchasing an additional 10,201 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV opened at $63.29 on Tuesday. The business has a 50 day simple moving average of $61.54 and a 200 day simple moving average of $59.67. SPDR Portfolio S&P 500 Value ETF has a one year low of $53.08 and a one year high of $63.31. The stock has a market capitalization of $36.90 billion, a P/E ratio of 20.50 and a beta of 0.82.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.