Wrapmanager Inc. Sells 26,847 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Wrapmanager Inc. decreased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 115,174 shares of the company’s stock after selling 26,847 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 2.2% of Wrapmanager Inc.’s investment portfolio, making the stock its 14th largest position. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,543,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. Highline Wealth Partners LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 229.2% during the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after buying an additional 314 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. Abich Financial Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $27,000. Finally, Triumph Capital Management purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $60.59 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $49.68 and a 1 year high of $60.61. The company has a 50 day simple moving average of $58.25 and a two-hundred day simple moving average of $57.80. The firm has a market cap of $34.05 billion, a P/E ratio of 20.50 and a beta of 0.82.

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. 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.