SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lessened its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 36.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 836,916 shares of the company’s stock after selling 469,975 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up about 1.1% of Modern Wealth Management LLC’s holdings, making the stock its 18th largest position. Modern Wealth Management LLC owned about 0.16% of SPDR Portfolio S&P 500 Value ETF worth $43,804,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Value ETF by 2.6% during the 2nd quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock valued at $870,421,000 after acquiring an additional 422,591 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% in the first quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after purchasing an additional 949,699 shares during the last quarter. Valmark Advisers Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% during the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock worth $432,936,000 after purchasing an additional 326,580 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock worth $376,410,000 after purchasing an additional 390,643 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in SPDR Portfolio S&P 500 Value ETF by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock valued at $339,083,000 after buying an additional 337,506 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:SPYV opened at $57.25 on Friday. The business’s fifty day moving average price is $56.01 and its two-hundred day moving average price is $54.20. The stock has a market cap of $30.94 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $57.59.

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.