Wrapmanager Inc. Lowers Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Wrapmanager Inc. lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 29.7% in the third quarter, HoldingsChannel.com reports. The firm owned 142,021 shares of the company’s stock after selling 60,010 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.4% of Wrapmanager Inc.’s portfolio, making the stock its 13th largest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $7,858,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of SPYV. Abich Financial Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter worth $27,000. Legacy Investment Solutions LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth about $36,000. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $36,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. Finally, TFC Financial Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $44,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $58.76 on Tuesday. The stock has a market capitalization of $32.75 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The firm’s fifty day simple moving average is $58.06 and its 200-day simple moving average is $56.32. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $59.75.

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. 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.