Redhawk Wealth Advisors Inc. Sells 28,717 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Redhawk Wealth Advisors Inc. trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 58.6% during the 2nd quarter, Holdings Channel reports. The firm owned 20,309 shares of the company’s stock after selling 28,717 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,063,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Connecticut Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $139,839,000. Wealth Enhancement Advisory Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 172.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock valued at $180,511,000 after acquiring an additional 2,237,528 shares during the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Value ETF by 25.0% during the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after acquiring an additional 1,360,243 shares during the last quarter. Demars Financial Group LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 7.7% during the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock valued at $887,606,000 after acquiring an additional 1,235,219 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 32.7% during the first quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock valued at $224,408,000 after acquiring an additional 1,083,736 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA SPYV opened at $54.94 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $55.42. The firm’s 50 day simple moving average is $53.80 and its two-hundred day simple moving average is $51.57. The stock has a market capitalization of $28.16 billion, a P/E ratio of 20.50 and a beta of 0.94.

SPDR Portfolio S&P 500 Value ETF Company 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.