SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by M3 Advisory Group LLC

M3 Advisory Group LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,872 shares of the company’s stock after selling 752 shares during the period. M3 Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $831,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPYV. Elite Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $25,000. Fiduciary Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at approximately $26,000. Tompkins Financial Corp lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after acquiring an additional 515 shares in the last quarter. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $29,000. Finally, VSM Wealth Advisory LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at approximately $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $54.27 on Monday. The firm’s 50 day moving average price is $54.49 and its two-hundred day moving average price is $52.03. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $56.03. The firm has a market cap of $29.16 billion, a PE ratio of 20.50 and a beta of 0.94.

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.