GPS Wealth Strategies Group LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

GPS Wealth Strategies Group LLC reduced its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,322 shares of the company’s stock after selling 3,957 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 0.8% of GPS Wealth Strategies Group LLC’s portfolio, making the stock its 26th largest holding. GPS Wealth Strategies Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,787,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Fifth Third Bancorp raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.6% in the first quarter. Fifth Third Bancorp now owns 263,500 shares of the company’s stock valued at $13,457,000 after acquiring an additional 31,620 shares during the period. Capital Advisory Group Advisory Services LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the first quarter. Capital Advisory Group Advisory Services LLC now owns 122,126 shares of the company’s stock worth $6,237,000 after purchasing an additional 4,376 shares during the last quarter. Transform Wealth LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.1% during the first quarter. Transform Wealth LLC now owns 85,606 shares of the company’s stock valued at $4,372,000 after buying an additional 2,553 shares during the period. Ironwood Wealth Management LLC. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.9% during the first quarter. Ironwood Wealth Management LLC. now owns 15,597 shares of the company’s stock valued at $797,000 after buying an additional 285 shares during the period. Finally, Redhawk Wealth Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the first quarter. Redhawk Wealth Advisors Inc. now owns 49,026 shares of the company’s stock valued at $2,504,000 after buying an additional 718 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock opened at $51.58 on Thursday. The stock has a 50 day moving average price of $49.45 and a 200 day moving average price of $51.21. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $55.42. The firm has a market capitalization of $26.07 billion, a P/E ratio of 21.00 and a beta of 0.89.

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.