SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Innovative Wealth Building LLC

Innovative Wealth Building LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 57.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,095 shares of the company’s stock after selling 5,474 shares during the quarter. Innovative Wealth Building LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $214,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Alta Wealth Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% in the 2nd quarter. Alta Wealth Advisors LLC now owns 494,328 shares of the company’s stock valued at $25,873,000 after acquiring an additional 26,529 shares during the period. Simplicity Wealth LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 21.9% during the 2nd quarter. Simplicity Wealth LLC now owns 57,476 shares of the company’s stock worth $3,008,000 after buying an additional 10,324 shares during the period. Brown Miller Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $820,000. Private Wealth Group LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 9.6% during the 2nd quarter. Private Wealth Group LLC now owns 178,218 shares of the company’s stock worth $9,328,000 after buying an additional 15,611 shares during the period. Finally, Realta Investment Advisors boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 86.3% during the 2nd quarter. Realta Investment Advisors now owns 12,279 shares of the company’s stock valued at $643,000 after buying an additional 5,689 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $55.70 on Friday. The company has a 50-day moving average of $54.25 and a 200-day moving average of $51.88. The company has a market capitalization of $29.90 billion, a P/E ratio of 20.50 and a beta of 0.94. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $55.97.

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.