M3 Advisory Group LLC Sells 752 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

M3 Advisory Group LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 15,872 shares of the company’s stock after selling 752 shares during the period. M3 Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $831,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SPYV. Financial Engines Advisors L.L.C. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock valued at $4,024,815,000 after buying an additional 595,377 shares in the last quarter. Demars Financial Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 7.7% during the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock valued at $887,606,000 after buying an additional 1,235,219 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% during the first quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock valued at $458,755,000 after buying an additional 949,699 shares during the period. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% in the second quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock worth $432,936,000 after acquiring an additional 326,580 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25.0% in the first quarter. JPMorgan Chase & Co. now owns 6,800,995 shares of the company’s stock worth $347,327,000 after acquiring an additional 1,360,243 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $54.27 on Monday. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $44.39 and a 1 year high of $56.03. The stock’s fifty day moving average price is $54.49 and its 200-day moving average price is $52.03. The company has a market cap of $29.16 billion, a P/E ratio of 20.50 and a beta of 0.94.

SPDR Portfolio S&P 500 Value ETF Company 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.