KPP Advisory Services LLC Sells 21,217 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

KPP Advisory Services LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 70.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,051 shares of the company’s stock after selling 21,217 shares during the quarter. KPP Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $474,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elite Financial Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $25,000. Fiduciary Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $26,000. Tompkins Financial Corp grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 515 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $29,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.4%

SPDR Portfolio S&P 500 Value ETF stock opened at $55.94 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $56.15. The firm has a 50-day moving average of $54.87 and a 200-day moving average of $52.37. The firm has a market cap of $30.07 billion, a P/E ratio of 20.50 and a beta of 0.94.

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.