Koshinski Asset Management Inc. Trims Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Koshinski Asset Management Inc. lowered its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,323 shares of the company’s stock after selling 13,957 shares during the quarter. Koshinski Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,586,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Fiduciary Group LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% during the third quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock worth $281,000 after purchasing an additional 185 shares in the last quarter. Note Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the third quarter. Note Advisors LLC now owns 4,145 shares of the company’s stock worth $229,000 after purchasing an additional 195 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.9% during the third quarter. Signature Estate & Investment Advisors LLC now owns 5,283 shares of the company’s stock worth $292,000 after purchasing an additional 197 shares in the last quarter. Rik Saylor Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.9% during the third quarter. Rik Saylor Financial Inc. now owns 23,178 shares of the company’s stock worth $1,282,000 after purchasing an additional 207 shares in the last quarter. Finally, Yukon Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 51,003 shares of the company’s stock worth $2,822,000 after purchasing an additional 236 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $59.90 on Friday. The stock has a market capitalization of $33.66 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The company has a fifty day moving average of $57.96 and a 200 day moving average of $57.50. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $49.54 and a fifty-two week high of $60.37.

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.