Diversified Portfolios Inc. Sells 1,467 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Diversified Portfolios Inc. cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,177 shares of the company’s stock after selling 1,467 shares during the quarter. Diversified Portfolios Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,034,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Bartlett & CO. Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $25,000. Deutsche Bank AG purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $25,000. BKM Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at about $26,000. McGlone Suttner Wealth Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at approximately $28,000. Finally, Sunbelt Securities Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 165.5% during the third quarter. Sunbelt Securities Inc. now owns 855 shares of the company’s stock valued at $35,000 after buying an additional 533 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.5 %

Shares of SPYV stock traded down $0.24 during trading hours on Tuesday, hitting $47.40. 3,099,199 shares of the company’s stock traded hands, compared to its average volume of 2,697,364. The stock’s fifty day simple moving average is $48.49 and its two-hundred day simple moving average is $45.67. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $50.20. The stock has a market cap of $20.31 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88.

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.