SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 339,476 shares of the company’s stock after selling 8,566 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.2% of Foguth Wealth Management LLC.’s holdings, making the stock its 14th biggest holding. Foguth Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $21,411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Davis Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Meramec Financial Planners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $28,000. Signature Equity Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the period. Advisortrust Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $29,000. Finally, Evelyn Partners Asset Management Ltd acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $46,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.1%

SPYV traded down $0.07 during trading on Monday, hitting $62.99. The company had a trading volume of 885,829 shares, compared to its average volume of 2,878,507. The company has a market capitalization of $36.88 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $54.44 and a one year high of $64.26. The firm’s 50-day moving average price is $62.80 and its 200 day moving average price is $61.29.

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.