Demars Financial Group LLC Sells 17,324,316 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Demars Financial Group LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 99.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,874 shares of the company’s stock after selling 17,324,316 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.1% of Demars Financial Group LLC’s investment portfolio, making the stock its 14th biggest holding. Demars Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,924,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $386,000. CWM LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 2.5% during the second quarter. CWM LLC now owns 4,188,320 shares of the company’s stock valued at $219,217,000 after buying an additional 102,684 shares during the period. Hsbc Holdings PLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 266.1% during the first quarter. Hsbc Holdings PLC now owns 55,563 shares of the company’s stock valued at $2,838,000 after buying an additional 40,385 shares during the period. Ignite Planners LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% during the first quarter. Ignite Planners LLC now owns 128,922 shares of the company’s stock valued at $6,361,000 after buying an additional 2,432 shares during the period. Finally, National Bank of Canada FI increased its holdings in SPDR Portfolio S&P 500 Value ETF by 55.9% during the first quarter. National Bank of Canada FI now owns 2,351 shares of the company’s stock valued at $120,000 after buying an additional 843 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

Shares of SPYV stock opened at $55.23 on Monday. The firm has a market cap of $29.66 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94. The company’s 50 day moving average is $54.71 and its 200 day moving average is $52.19. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.03.

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.