Darwin Wealth Management LLC Sells 23,540 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Darwin Wealth Management LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 69.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,286 shares of the company’s stock after selling 23,540 shares during the period. Darwin Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $480,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPYV. Financial Engines Advisors L.L.C. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% in the third quarter. Financial Engines Advisors L.L.C. now owns 73,483,846 shares of the company’s stock worth $3,031,943,000 after purchasing an additional 1,485,730 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 6.4% during the 3rd quarter. LPL Financial LLC now owns 28,124,602 shares of the company’s stock valued at $1,160,421,000 after acquiring an additional 1,687,275 shares during the last quarter. Allworth Financial LP grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the fourth quarter. Allworth Financial LP now owns 18,556,755 shares of the company’s stock worth $865,301,000 after acquiring an additional 807,687 shares during the period. Morgan Stanley raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% during the third quarter. Morgan Stanley now owns 7,403,459 shares of the company’s stock valued at $305,467,000 after purchasing an additional 100,887 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 2.4% during the third quarter. Valmark Advisers Inc. now owns 7,379,369 shares of the company’s stock valued at $304,473,000 after purchasing an additional 175,073 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.2 %

SPYV traded up $0.09 during mid-day trading on Friday, reaching $49.37. 562,859 shares of the company traded hands, compared to its average volume of 2,593,658. The company’s fifty day moving average price is $48.74 and its 200-day moving average price is $46.50. The stock has a market capitalization of $21.27 billion, a P/E ratio of 23.25 and a beta of 0.84. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $39.51 and a 52-week high of $50.20.

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.