SFG Wealth Management LLC. Trims Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

SFG Wealth Management LLC. reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,410 shares of the company’s stock after selling 368 shares during the quarter. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $233,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYV. WealthPLAN Partners LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 3.4% in the 1st quarter. WealthPLAN Partners LLC now owns 14,215 shares of the company’s stock valued at $712,000 after purchasing an additional 470 shares during the last quarter. Private Advisor Group LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 4.6% in the 3rd quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after purchasing an additional 121,974 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $33,000. Williams Financial LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 6,166.3% in 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. Finally, Lynch & Associates IN raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock valued at $6,814,000 after acquiring an additional 5,030 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock traded up $0.25 during trading hours on Friday, hitting $54.05. The company had a trading volume of 170,065 shares, compared to its average volume of 2,599,651. The company’s fifty day moving average is $52.64 and its 200 day moving average is $50.62. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $41.80 and a fifty-two week high of $54.07. The stock has a market capitalization of $23.43 billion, a PE ratio of 24.09 and a beta of 0.81.

SPDR Portfolio S&P 500 Value ETF Company 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.