Glass Jacobson Investment Advisors llc Sells 291 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Glass Jacobson Investment Advisors llc cut its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,441 shares of the company’s stock after selling 291 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $703,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPYV. Elite Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $25,000. Fiduciary Advisors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth about $26,000. Tompkins Financial Corp lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4,681.8% during 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 during the period. Headlands Technologies LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $29,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.6%

Shares of SPYV stock opened at $56.25 on Friday. The company has a 50 day moving average price of $54.92 and a 200-day moving average price of $52.45. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $56.37. The firm has a market capitalization of $30.25 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.