SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Shares Sold by SFG Wealth Management LLC.

SFG Wealth Management LLC. cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 4,410 shares of the company’s stock after selling 368 shares during the period. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $233,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SPYV. CENTRAL TRUST Co lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after buying an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares in the last quarter. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV traded up $0.25 during midday trading on Friday, reaching $54.05. The stock had a trading volume of 170,065 shares, compared to its average volume of 2,599,651. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $41.80 and a 1-year high of $54.07. The company’s fifty day simple moving average is $52.64 and its two-hundred day simple moving average is $50.62. The company has a market cap of $23.43 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

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.