Cooper Financial Group Sells 38,670 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Cooper Financial Group cut its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 46.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,378 shares of the company’s stock after selling 38,670 shares during the period. Cooper Financial Group’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYV. Bill Few Associates Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 27.7% during the second quarter. Bill Few Associates Inc. now owns 12,259 shares of the company’s stock valued at $745,000 after buying an additional 2,656 shares during the period. Balefire LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 37.8% in the 2nd quarter. Balefire LLC now owns 57,705 shares of the company’s stock valued at $3,508,000 after acquiring an additional 15,822 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 18.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 6,728 shares of the company’s stock worth $409,000 after purchasing an additional 1,045 shares during the period. City Center Advisors LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 6.8% in the second quarter. City Center Advisors LLC now owns 130,528 shares of the company’s stock worth $7,935,000 after purchasing an additional 8,279 shares during the period. Finally, Private Client Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.5% during the second quarter. Private Client Services LLC now owns 30,629 shares of the company’s stock worth $1,862,000 after purchasing an additional 3,650 shares during the last quarter.

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

Shares of SPYV opened at $62.84 on Friday. The firm has a market capitalization of $36.64 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $52.70 and a 12-month high of $63.31. The firm has a fifty day moving average price of $61.45 and a 200-day moving average price of $59.59.

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. 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.