Wise Wealth Partners Reduces Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Wise Wealth Partners lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.5% during the second quarter, Holdings Channel reports. The firm owned 5,173 shares of the company’s stock after selling 303 shares during the quarter. Wise Wealth Partners’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $271,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,965 shares of the company’s stock worth $611,000 after buying an additional 228 shares during the last quarter. Miracle Mile Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $666,000. Park Avenue Securities LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 169.5% in the first quarter. Park Avenue Securities LLC now owns 98,787 shares of the company’s stock valued at $5,045,000 after acquiring an additional 62,132 shares in the last quarter. Capital Investment Advisors LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 104.9% during the 1st quarter. Capital Investment Advisors LLC now owns 11,268 shares of the company’s stock valued at $575,000 after purchasing an additional 5,770 shares during the period. Finally, Courier Capital LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 18.1% during the 1st quarter. Courier Capital LLC now owns 610,727 shares of the company’s stock valued at $31,190,000 after purchasing an additional 93,518 shares during the period.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.2%

Shares of NYSEARCA SPYV opened at $55.81 on Tuesday. The firm has a fifty day simple moving average of $54.29 and a two-hundred day simple moving average of $51.92. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.03. The firm has a market capitalization of $29.98 billion, a PE ratio of 20.50 and a beta of 0.94.

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.