Tranquilli Financial Advisor LLC Sells 19,541 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Tranquilli Financial Advisor LLC lowered its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 25.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 57,710 shares of the company’s stock after selling 19,541 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 1.9% of Tranquilli Financial Advisor LLC’s holdings, making the stock its 19th biggest position. Tranquilli Financial Advisor LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,193,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Fiduciary Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth about $26,000. Parallel Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 63,900.0% during the 2nd quarter. Parallel Advisors LLC now owns 640 shares of the company’s stock worth $33,000 after purchasing an additional 639 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $36,000. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at approximately $36,000. Finally, Sound Income Strategies LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 75.8% in the second quarter. Sound Income Strategies LLC now owns 807 shares of the company’s stock valued at $42,000 after buying an additional 348 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $57.93 on Friday. The business’s 50 day simple moving average is $57.05 and its 200 day simple moving average is $55.43. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $58.50. The company has a market capitalization of $32.17 billion, a P/E ratio of 20.50 and a beta of 0.89.

SPDR Portfolio S&P 500 Value ETF 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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.