SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,689,286 shares of the company’s stock after selling 172,861 shares during the period. Franklin Resources Inc. owned about 0.85% of SPDR Portfolio S&P 500 Value ETF worth $197,561,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock worth $145,985,000 after purchasing an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at about $33,000. Lynch & Associates IN grew its holdings in SPDR Portfolio S&P 500 Value ETF by 3.7% during the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock valued at $6,814,000 after buying an additional 5,030 shares during the last quarter. Asset Management Group Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the second quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock valued at $4,476,000 after acquiring an additional 1,525 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 44.7% during the third quarter. Ausdal Financial Partners Inc. now owns 132,221 shares of the company’s stock worth $6,989,000 after buying an additional 40,830 shares in the last quarter.

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

SPYV stock opened at $53.12 on Friday. The stock’s fifty day simple moving average is $53.62 and its 200-day simple moving average is $51.56. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $45.64 and a 52-week high of $55.42. The stock has a market capitalization of $23.02 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.