Inspirion Wealth Advisors LLC Sells 98,929 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Inspirion Wealth Advisors LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 33.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 201,179 shares of the company’s stock after selling 98,929 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for 1.4% of Inspirion Wealth Advisors LLC’s portfolio, making the stock its 19th biggest position. Inspirion Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $12,272,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Key Capital Management INC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Meramec Financial Planners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $28,000. Signature Equity Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 310 shares during the period. Finally, Advisortrust Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth approximately $29,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $63.00 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $52.53 and a 52-week high of $63.32. The company’s 50 day moving average price is $61.42 and its 200-day moving average price is $59.56. The stock has a market capitalization of $36.73 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.