Colton Groome Financial Advisors LLC Has $3.17 Million Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Colton Groome Financial Advisors LLC lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 60,054 shares of the company’s stock after selling 12,114 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 1.2% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 18th biggest position. Colton Groome Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,174,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPYV. Williams Financial LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 7.6% in the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 2.3% in the 3rd quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after acquiring an additional 461,035 shares in the last quarter. Advisory Alpha LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 13.2% during the 2nd quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after purchasing an additional 512,054 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.4% in the second quarter. Envestnet Asset Management Inc. now owns 4,378,992 shares of the company’s stock valued at $213,432,000 after buying an additional 183,903 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.7 %

Shares of NYSEARCA SPYV opened at $52.65 on Monday. The company has a 50-day moving average of $52.43 and a two-hundred day moving average of $50.33. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $53.93. The company has a market cap of $22.82 billion, a PE ratio of 24.09 and a beta of 0.81.

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.