Merit Financial Group LLC Decreases Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Merit Financial Group LLC lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 179,401 shares of the company’s stock after selling 19,978 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Meramec Financial Planners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $28,000. Signature Equity Partners LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 163.2% in the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the last quarter. Advisortrust Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Finally, CENTRAL TRUST Co grew its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock valued at $30,000 after purchasing an additional 346 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.35 on Thursday. The firm has a market cap of $36.93 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $53.75 and a 1 year high of $63.46. The stock has a fifty day moving average price of $61.64 and a 200-day moving average price of $59.74.

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.