Truepoint Inc. Trims Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Truepoint Inc. trimmed its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,394 shares of the company’s stock after selling 1,974 shares during the quarter. Truepoint Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in SPYV. International Assets Investment Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth about $3,013,000. Simplex Trading LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $119,000. Fisher Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth about $201,000. Lincoln National Corp grew its holdings in SPDR Portfolio S&P 500 Value ETF by 17.2% during the fourth quarter. Lincoln National Corp now owns 21,552 shares of the company’s stock worth $1,005,000 after acquiring an additional 3,168 shares during the period. Finally, Apollon Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Value ETF by 15.8% during the fourth quarter. Apollon Wealth Management LLC now owns 6,493 shares of the company’s stock worth $303,000 after acquiring an additional 887 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.4 %

SPDR Portfolio S&P 500 Value ETF stock opened at $51.90 on Friday. The firm has a market cap of $22.49 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $52.61. The business’s 50-day moving average price is $50.32 and its 200 day moving average price is $49.35.

SPDR Portfolio S&P 500 Value ETF Company 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.