Wrenne Financial Planning LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 1.0% in the third quarter, Holdings Channel reports. The fund owned 49,439 shares of the company’s stock after selling 518 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.6% of Wrenne Financial Planning LLC’s investment portfolio, making the stock its 14th largest holding. Wrenne Financial Planning LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,613,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Smithfield Trust Co increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 65.6% in the third quarter. Smithfield Trust Co now owns 10,600 shares of the company’s stock valued at $560,000 after buying an additional 4,200 shares during the period. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after buying an additional 3,176,679 shares during the period. Trustmark National Bank Trust Department increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.9% in the third quarter. Trustmark National Bank Trust Department now owns 8,571 shares of the company’s stock valued at $453,000 after buying an additional 839 shares during the period. STAR Financial Bank acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at approximately $255,000. Finally, Citizens Financial Group Inc. RI increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25.8% in the third quarter. Citizens Financial Group Inc. RI now owns 44,834 shares of the company’s stock valued at $2,370,000 after buying an additional 9,191 shares during the period.
SPDR Portfolio S&P 500 Value ETF Stock Performance
NYSEARCA:SPYV opened at $54.26 on Friday. The company has a market capitalization of $23.52 billion, a PE ratio of 24.09 and a beta of 0.81. The company has a 50 day simple moving average of $52.98 and a two-hundred day simple moving average of $50.99. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $43.91 and a fifty-two week high of $54.61.
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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