Western Wealth Management LLC Cuts Stock Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Western Wealth Management LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 21.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 422,552 shares of the company’s stock after selling 113,501 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 1.3% of Western Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Western Wealth Management LLC owned 0.08% of SPDR Portfolio S&P 500 Value ETF worth $22,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Edgestream Partners L.P. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $343,000. Creekmur Asset Management LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 1,545.8% in the first quarter. Creekmur Asset Management LLC now owns 1,366 shares of the company’s stock worth $70,000 after purchasing an additional 1,283 shares during the last quarter. Jackson Creek Investment Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.7% during the 1st quarter. Jackson Creek Investment Advisors LLC now owns 10,430 shares of the company’s stock valued at $533,000 after purchasing an additional 274 shares during the last quarter. Csenge Advisory Group raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 161.1% during the 1st quarter. Csenge Advisory Group now owns 20,825 shares of the company’s stock worth $990,000 after purchasing an additional 12,848 shares during the period. Finally, Balentine LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $2,657,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $56.17 on Friday. The company has a market capitalization of $30.35 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $56.96. The company has a 50-day simple moving average of $55.43 and a 200 day simple moving average of $53.37.

About SPDR Portfolio S&P 500 Value ETF

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.