Merit Financial Group LLC Sells 19,978 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Merit Financial Group LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 10.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 179,401 shares of the company’s stock after selling 19,978 shares during the period. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,906,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Key Capital Management INC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth about $25,000. Meramec Financial Planners LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at approximately $28,000. Signature Equity Partners LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 163.2% during the 1st quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 310 shares in the last quarter. Advisortrust Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth approximately $29,000. Finally, CENTRAL TRUST Co increased its stake in SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after acquiring an additional 346 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $63.35 on Thursday. The company has a market capitalization of $36.93 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a one year low of $53.75 and a one year high of $63.46. The stock has a 50 day moving average price of $61.64 and a 200-day moving average price of $59.74.

SPDR Portfolio S&P 500 Value ETF Company 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.