Lowery Thomas LLC Has $804,000 Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Lowery Thomas LLC trimmed its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,367 shares of the company’s stock after selling 2,280 shares during the quarter. Lowery Thomas LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. increased its position 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 purchasing an additional 595,377 shares during the period. Demars Financial Group LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 7.7% in the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after purchasing an additional 1,235,219 shares during the period. Ameriprise Financial Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 11.8% in the first 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. increased its position in SPDR Portfolio S&P 500 Value ETF by 3.6% in the first quarter. Valmark Advisers Inc. now owns 7,945,035 shares of the company’s stock worth $405,753,000 after purchasing an additional 278,742 shares during the period. Finally, JPMorgan Chase & Co. increased its position in 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 purchasing an additional 1,360,243 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

Shares of SPYV stock opened at $55.33 on Wednesday. The stock has a 50-day moving average price of $54.14 and a 200 day moving average price of $51.79. The firm has a market cap of $28.36 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $55.42.

SPDR Portfolio S&P 500 Value ETF 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.