Lansing Street Advisors reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 20.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,891 shares of the company’s stock after selling 4,406 shares during the quarter. Lansing Street Advisors’ holdings in SPDR Portfolio S&P 500 Value ETF were worth $884,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYV. Connecticut Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at $139,839,000. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 172.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,534,578 shares of the company’s stock valued at $180,511,000 after purchasing an additional 2,237,528 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 25.0% during the 1st quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock valued at $347,327,000 after purchasing an additional 1,360,243 shares in the last quarter. Demars Financial Group LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 7.7% during the 1st quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock valued at $887,606,000 after purchasing an additional 1,235,219 shares in the last quarter. Finally, Dynasty Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 32.7% during the 1st quarter. Dynasty Wealth Management LLC now owns 4,394,135 shares of the company’s stock valued at $224,408,000 after purchasing an additional 1,083,736 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Performance
Shares of NYSEARCA SPYV opened at $55.73 on Wednesday. The stock has a fifty day moving average price of $54.34 and a two-hundred day moving average price of $51.95. The firm has a market cap of $29.94 billion, a P/E ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $56.03.
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.
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