Wells Financial Advisors INC Sells 12,131 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Wells Financial Advisors INC lowered its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 21.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 45,385 shares of the company’s stock after selling 12,131 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 3.2% of Wells Financial Advisors INC’s investment portfolio, making the stock its 13th biggest position. Wells Financial Advisors INC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,321,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SPYV. Park Place Capital Corp bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $37,000. Lindbrook Capital LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% during the 4th quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after buying an additional 481 shares during the period. Angeles Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $41,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $44,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $51.41 on Wednesday. The business has a fifty day moving average of $52.08 and a two-hundred day moving average of $52.56. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $47.22 and a 52-week high of $55.42. The stock has a market cap of $25.17 billion, a PE ratio of 21.43 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.1798 per share. The ex-dividend date is Monday, March 24th.

SPDR Portfolio S&P 500 Value ETF 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.