Reston Wealth Management LLC Sells 8,377 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Reston Wealth Management LLC reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,805 shares of the company’s stock after selling 8,377 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up approximately 3.3% of Reston Wealth Management LLC’s portfolio, making the stock its 8th largest position. Reston Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,275,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Gerber Kawasaki Wealth & Investment Management grew its holdings in SPDR Portfolio S&P 500 Value ETF by 4.7% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,819,507 shares of the company’s stock worth $172,356,000 after acquiring an additional 126,352 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $772,000. Blue Bell Private Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth $424,000. Nottingham Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $53,743,000. Finally, SilverOak Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.4% in the third quarter. SilverOak Wealth Management LLC now owns 432,401 shares of the company’s stock valued at $26,433,000 after acquiring an additional 1,888 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $63.83 on Wednesday. The firm has a market capitalization of $38.66 billion, a P/E 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 $64.64. The company’s fifty day moving average is $62.90 and its two-hundred day moving average is $60.64.

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.