GGM Financials LLC Sells 4,831 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

GGM Financials LLC cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 18.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,146 shares of the company’s stock after selling 4,831 shares during the period. GGM Financials LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,107,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First National Trust Co raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.2% in the 2nd quarter. First National Trust Co now owns 2,103,940 shares of the company’s stock worth $110,120,000 after acquiring an additional 141,753 shares in the last quarter. Advisory Alpha LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% in the second quarter. Advisory Alpha LLC now owns 5,213,790 shares of the company’s stock valued at $272,890,000 after purchasing an additional 189,720 shares during the period. Transcend Capital Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 14.0% in the second quarter. Transcend Capital Advisors LLC now owns 25,219 shares of the company’s stock valued at $1,320,000 after purchasing an additional 3,099 shares during the period. Penobscot Wealth Management increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 7.9% in the second quarter. Penobscot Wealth Management now owns 127,031 shares of the company’s stock valued at $6,649,000 after purchasing an additional 9,349 shares during the period. Finally, Koss Olinger Consulting LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.7% in the second quarter. Koss Olinger Consulting LLC now owns 661,213 shares of the company’s stock valued at $34,608,000 after purchasing an additional 64,033 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

Shares of SPYV opened at $56.65 on Tuesday. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $56.69. The company has a market capitalization of $30.47 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. The stock’s 50-day moving average price is $54.97 and its 200-day moving average price is $52.58.

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.