8,680 SPDR Portfolio S&P 500 Value ETF $SPYV Shares Sold by KWB Wealth

KWB Wealth trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 0.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,356,608 shares of the company’s stock after selling 8,680 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 7.1% of KWB Wealth’s portfolio, making the stock its 3rd largest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $82,929,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SPYV. The Manufacturers Life Insurance Company increased its holdings in SPDR Portfolio S&P 500 Value ETF by 1,807.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,312,030 shares of the company’s stock worth $383,708,000 after purchasing an additional 5,981,186 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 48.7% during the first quarter. Diversify Wealth Management LLC now owns 2,618,389 shares of the company’s stock worth $154,878,000 after purchasing an additional 857,802 shares during the last quarter. Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $46,088,000. Fluent Financial LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $40,655,000. Finally, Navigation Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter valued at approximately $30,815,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

NYSEARCA SPYV traded down $0.05 during trading hours on Friday, reaching $63.07. The company’s stock had a trading volume of 3,028,927 shares, compared to its average volume of 2,889,080. The firm has a fifty day simple moving average of $62.80 and a 200-day simple moving average of $61.25. The stock has a market cap of $36.92 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $54.44 and a 52 week high of $64.26.

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.