Yukon Wealth Management Inc. Trims Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Yukon Wealth Management Inc. lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 20.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 50,767 shares of the company’s stock after selling 12,708 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.0% of Yukon Wealth Management Inc.’s holdings, making the stock its 26th largest position. Yukon Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,657,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SPYV. Elite Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $25,000. Fiduciary Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $26,000. Tompkins Financial Corp increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 515 shares during the period. Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at about $29,000. Finally, VSM Wealth Advisory LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $56.25 on Monday. The stock has a market cap of $30.25 billion, a PE ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.37. The firm’s 50-day simple moving average is $54.92 and its two-hundred day simple moving average is $52.53.

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.