CGN Advisors LLC Sells 19,333 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

CGN Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 859,839 shares of the company’s stock after selling 19,333 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up about 3.8% of CGN Advisors LLC’s portfolio, making the stock its 5th biggest position. CGN Advisors LLC owned about 0.15% of SPDR Portfolio S&P 500 Value ETF worth $52,270,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Key Capital Management INC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $26,000. Meramec Financial Planners LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $28,000. Signature Equity Partners LLC raised its stake in shares of 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 during the last quarter. Finally, Advisortrust Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter valued at about $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.1%

Shares of SPYV stock opened at $63.11 on Wednesday. The stock has a market cap of $36.79 billion, a PE ratio of 20.50 and a beta of 0.82. The business has a 50-day simple moving average of $61.38 and a 200-day simple moving average of $59.52. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $52.46 and a 52-week high of $63.19.

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.