Retirement Planning Group LLC Trims Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Retirement Planning Group LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 379,300 shares of the company’s stock after selling 690 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.1% of Retirement Planning Group LLC’s investment portfolio, making the stock its 23rd biggest position. Retirement Planning Group LLC owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF worth $20,050,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Williams Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in 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. Dynasty Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $152,867,000. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.6% during the 2nd quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after purchasing an additional 2,535,855 shares during the last quarter. Cetera Investment Advisers grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 209.0% during the first quarter. Cetera Investment Advisers now owns 2,530,967 shares of the company’s stock valued at $126,801,000 after purchasing an additional 1,711,930 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $68,483,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.2 %

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $53.23 on Friday. The firm has a market cap of $23.07 billion, a PE ratio of 24.09 and a beta of 0.81. The stock has a 50 day moving average of $51.72 and a 200 day moving average of $50.07. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $39.51 and a 12 month high of $53.26.

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.