SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.4% during the third quarter, Holdings Channel.com reports. The firm owned 224,300 shares of the company’s stock after selling 34,841 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,411,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. TFC Financial Management Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $44,000. Wagner Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $45,000. Finally, Grand Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $47,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.8%

NYSEARCA:SPYV opened at $57.14 on Tuesday. The firm’s fifty day simple moving average is $58.44 and its 200-day simple moving average is $56.77. The stock has a market cap of $31.84 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $59.75.

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.