Reston Wealth Management LLC reduced its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 2.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 221,412 shares of the company’s stock after selling 6,392 shares during the quarter. SPDR Portfolio S&P 500 Value ETF makes up 4.1% of Reston Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Reston Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $11,589,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Financial Engines Advisors L.L.C. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.8% in the first quarter. Financial Engines Advisors L.L.C. now owns 78,809,775 shares of the company’s stock worth $4,024,815,000 after acquiring an additional 595,377 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% during the 1st quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock worth $458,755,000 after purchasing an additional 949,699 shares during the period. Valmark Advisers Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% in the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock worth $432,936,000 after purchasing an additional 326,580 shares during the last quarter. JPMorgan Chase & Co. boosted its position 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 during the period. Finally, Raymond James Financial Inc. boosted its position in SPDR Portfolio S&P 500 Value ETF by 4.3% during the 1st quarter. Raymond James Financial Inc. now owns 5,740,575 shares of the company’s stock valued at $293,171,000 after purchasing an additional 237,417 shares during the period.
SPDR Portfolio S&P 500 Value ETF Price Performance
Shares of NYSEARCA SPYV opened at $55.45 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $56.75. The firm has a market capitalization of $29.97 billion, a PE ratio of 20.50 and a beta of 0.89. The business’s fifty day moving average price is $55.22 and its two-hundred day moving average price is $53.00.
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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