SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 29.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,309 shares of the company’s stock after selling 17,826 shares during the quarter. KPP Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,289,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. CENTRAL TRUST Co grew its stake in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Olistico Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Finally, EdgeRock Capital LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3 %

Shares of NYSEARCA SPYV traded down $0.18 during midday trading on Friday, reaching $53.52. The company’s stock had a trading volume of 2,220,342 shares, compared to its average volume of 2,587,882. The company has a 50 day moving average price of $52.82 and a 200 day moving average price of $50.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $43.31 and a one year high of $54.61. The company has a market cap of $23.20 billion, a price-to-earnings 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.