Retirement Planning Group LLC Sells 7,199 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Retirement Planning Group LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 345,962 shares of the company’s stock after selling 7,199 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 0.8% of Retirement Planning Group LLC’s investment portfolio, making the stock its 23rd largest position. Retirement Planning Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $18,108,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Elite Financial Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $25,000. Fiduciary Advisors Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $26,000. Tompkins Financial Corp lifted its position in 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 bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Finally, VSM Wealth Advisory LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $30,000.

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

SPYV opened at $55.99 on Wednesday. The stock has a market capitalization of $30.09 billion, a P/E 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 $56.15. The firm’s fifty day simple moving average is $54.81 and its 200 day simple moving average is $52.28.

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.