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

Topel & Distasi Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 28.9% during the third quarter, Holdings Channel.com reports. The firm owned 38,716 shares of the company’s stock after selling 15,720 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for about 1.2% of Topel & Distasi Wealth Management LLC’s portfolio, making the stock its 26th biggest position. Topel & Distasi Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,367,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Hartford Financial Management Inc. bought a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $26,000. Foresight Capital Management Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $26,000. Davis Capital Management acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $27,000. Signature Equity Partners LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 212.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 510 shares of the company’s stock valued at $31,000 after buying an additional 347 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.1%

SPYV stock opened at $64.43 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $65.52. The company has a market capitalization of $38.85 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The firm’s 50-day moving average is $62.96 and its two-hundred day moving average is $60.79.

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. 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.