SPDR Portfolio S&P 500 Value ETF $SPYV Stake Trimmed by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 216,747 shares of the company’s stock after selling 85,192 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $13,250,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hartford Financial Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $26,000. Davis Capital Management purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $27,000. Meramec Financial Planners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $28,000. Signature Equity Partners LLC raised its holdings 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 in the last quarter. Finally, Advisortrust Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $29,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.77 on Friday. The firm has a market capitalization of $38.43 billion, a P/E ratio of 20.50 and a beta of 0.82. The business has a fifty day simple moving average of $62.81 and a two-hundred day simple moving average of $61.50. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $54.44 and a 12 month high of $64.26.

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. 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.