SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 540,007 shares of the company’s stock after selling 22,982 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.9% of Avantax Planning Partners Inc.’s holdings, making the stock its 22nd largest position. Avantax Planning Partners Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $30,678,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ERn Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 11.2% in the third quarter. ERn Financial LLC now owns 644,527 shares of the company’s stock worth $35,662,000 after acquiring an additional 64,828 shares in the last quarter. Asempa Wealth Advisors acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at $945,000. Destiny Capital Corp CO boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.4% in the third quarter. Destiny Capital Corp CO now owns 357,542 shares of the company’s stock valued at $19,783,000 after purchasing an additional 24,508 shares during the period. AE Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 19.5% in the third quarter. AE Wealth Management LLC now owns 3,117,992 shares of the company’s stock valued at $172,519,000 after purchasing an additional 509,151 shares during the period. Finally, Capital Advisory Group Advisory Services LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 10.2% during the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 146,694 shares of the company’s stock worth $8,117,000 after purchasing an additional 13,540 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $60.31 on Friday. The company’s 50 day moving average price is $58.04 and its 200 day moving average price is $57.65. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $49.68 and a fifty-two week high of $60.52. The firm has a market capitalization of $33.89 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82.

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.