Franklin Resources Inc. Has $36.08 Million Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Franklin Resources Inc. reduced its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 82.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 689,238 shares of the company’s stock after selling 3,249,170 shares during the period. Franklin Resources Inc. owned 0.13% of SPDR Portfolio S&P 500 Value ETF worth $36,075,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fiduciary Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Tompkins Financial Corp raised its holdings in 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 worth $28,000 after acquiring an additional 515 shares in the last quarter. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $29,000. Flaharty Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $32,000. Finally, Parallel Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 63,900.0% in the second quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock valued at $33,000 after purchasing an additional 639 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $56.48 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $44.39 and a 12-month high of $56.96. The stock has a market cap of $30.52 billion, a P/E ratio of 20.50 and a beta of 0.89. The business’s 50 day moving average is $55.59 and its 200-day moving average is $53.71.

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.