SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC trimmed its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,988 shares of the company’s stock after selling 1,825 shares during the quarter. Commonwealth Financial Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,360,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. grew its position in SPDR Portfolio S&P 500 Value ETF by 0.8% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock worth $4,024,815,000 after purchasing an additional 595,377 shares during the last quarter. Demars Financial Group LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 7.7% during the 1st quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after purchasing an additional 1,235,219 shares during the last quarter. Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 11.8% during the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock worth $458,755,000 after purchasing an additional 949,699 shares during the last quarter. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 4.1% during the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock worth $432,936,000 after purchasing an additional 326,580 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 500 Value ETF by 25.0% during the 1st quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock worth $347,327,000 after purchasing an additional 1,360,243 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $54.27 on Friday. The company has a market capitalization of $29.16 billion, a P/E ratio of 20.50 and a beta of 0.94. The company’s fifty day moving average is $54.49 and its two-hundred day moving average is $52.03. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $56.03.

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.