SVB Wealth LLC cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 52.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 256,545 shares of the company’s stock after selling 277,955 shares during the quarter. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,504,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the company. Williams Financial LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after buying an additional 42,302,888 shares in the last quarter. Allworth Financial LP increased its position in SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. Allworth Financial LP now owns 19,403,272 shares of the company’s stock worth $972,104,000 after purchasing an additional 846,517 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 Value ETF by 202.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after purchasing an additional 8,776,348 shares during the last quarter. UBS Group AG raised its stake in SPDR Portfolio S&P 500 Value ETF by 7.3% in the 4th quarter. UBS Group AG now owns 6,520,757 shares of the company’s stock valued at $304,063,000 after purchasing an additional 442,720 shares during the last quarter. Finally, CWM LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 13.3% in the 1st quarter. CWM LLC now owns 4,920,831 shares of the company’s stock valued at $246,534,000 after purchasing an additional 576,063 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Trading Down 0.9 %
Shares of NYSEARCA SPYV traded down $0.48 during midday trading on Friday, reaching $51.22. 2,170,839 shares of the stock were exchanged, compared to its average volume of 2,615,298. The stock has a 50 day moving average price of $50.43 and a 200-day moving average price of $49.40. The company has a market capitalization of $22.20 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $52.61.
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.
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