JDM Financial Group LLC Decreases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

JDM Financial Group LLC trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,367 shares of the company’s stock after selling 913 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for 3.5% of JDM Financial Group LLC’s portfolio, making the stock its 9th largest holding. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,167,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPYV. BKM Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $26,000. McGlone Suttner Wealth Management Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $28,000. Sunbelt Securities Inc. grew its stake 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 acquiring an additional 533 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 377.4% during the third quarter. Aptus Capital Advisors LLC now owns 931 shares of the company’s stock valued at $38,000 after acquiring an additional 736 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 52.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 999 shares of the company’s stock worth $41,000 after buying an additional 344 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded down $0.11 during trading hours on Friday, reaching $48.31. The company’s stock had a trading volume of 1,572,295 shares, compared to its average volume of 2,650,943. SPDR Portfolio S&P 500 Value ETF has a one year low of $39.51 and a one year high of $50.20. The firm has a 50 day moving average price of $48.64 and a 200-day moving average price of $46.05. The stock has a market cap of $20.70 billion, a P/E 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.