Trilogy Capital Inc. reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 24.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 119,692 shares of the company’s stock after selling 38,343 shares during the quarter. Trilogy Capital Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,623,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Laurel Wealth Advisors LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 5,144.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock worth $94,581,000 after acquiring an additional 1,772,591 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 3,960.9% in the second quarter. Strategic Financial Concepts LLC now owns 989,774 shares of the company’s stock valued at $51,805,000 after purchasing an additional 965,401 shares in the last quarter. Corient Private Wealth LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 103.6% in the second quarter. Corient Private Wealth LLC now owns 1,838,839 shares of the company’s stock worth $96,245,000 after purchasing an additional 935,644 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 26.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,456,511 shares of the company’s stock worth $237,131,000 after purchasing an additional 921,933 shares in the last quarter. Finally, TIAA Trust National Association boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 30.6% during the second quarter. TIAA Trust National Association now owns 3,823,232 shares of the company’s stock worth $200,108,000 after purchasing an additional 895,188 shares in the last quarter.
SPDR Portfolio S&P 500 Value ETF Stock Up 0.6%
SPYV opened at $58.22 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $58.30. The company has a fifty day simple moving average of $56.65 and a 200 day simple moving average of $55.07. The stock has a market cap of $32.40 billion, a P/E ratio of 20.50 and a beta of 0.89.
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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.
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