SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by Michael S. Ryan Inc.

Michael S. Ryan Inc. lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 6.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 432,962 shares of the company’s stock after selling 32,064 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 15.5% of Michael S. Ryan Inc.’s portfolio, making the stock its largest holding. Michael S. Ryan Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $22,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of SPYV. Wood Tarver Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $35,000. Lindbrook Capital LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% during the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after buying an additional 481 shares during the period. Deutsche Bank AG boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 81.3% during the fourth quarter. Deutsche Bank AG now owns 725 shares of the company’s stock worth $37,000 after buying an additional 325 shares during the period. Angeles Investment Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $41,000. Finally, Global Wealth Strategies & Associates acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth about $51,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV opened at $51.75 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $55.42. The company has a market capitalization of $26.15 billion, a price-to-earnings ratio of 21.00 and a beta of 0.89. The firm has a 50-day simple moving average of $49.34 and a 200-day simple moving average of $51.21.

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.