Gateway Wealth Partners LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Gateway Wealth Partners LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,118 shares of the company’s stock after selling 2,147 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises about 1.5% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 11th largest position. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CENTRAL TRUST Co raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% in the third quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 404 shares during the period. Crewe Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at $29,000. Olistico Wealth LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $30,000. Finally, EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.5 %

Shares of SPYV opened at $52.93 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.81 and a twelve month high of $53.93. The company has a market cap of $22.94 billion, a P/E ratio of 24.09 and a beta of 0.81. The company’s fifty day simple moving average is $52.47 and its 200-day simple moving average is $50.38.

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.