Summit Investment Advisory Services LLC Sells 4,789 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Summit Investment Advisory Services LLC lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,118 shares of the company’s stock after selling 4,789 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.9% of Summit Investment Advisory Services LLC’s holdings, making the stock its 18th largest position. Summit Investment Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,645,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Compton Financial Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 9.9% during the 3rd quarter. Compton Financial Group LLC now owns 951,791 shares of the company’s stock worth $50,312,000 after acquiring an additional 86,119 shares in the last quarter. Nottingham Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.4% during the 3rd quarter. Nottingham Advisors Inc. now owns 1,183,017 shares of the company’s stock worth $62,534,000 after acquiring an additional 4,529 shares in the last quarter. Probity Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.0% during the 3rd quarter. Probity Advisors Inc. now owns 219,675 shares of the company’s stock worth $11,612,000 after acquiring an additional 16,282 shares in the last quarter. Leicht Financial Planning & Wealth Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.0% during the 3rd quarter. Leicht Financial Planning & Wealth Management Inc. now owns 433,405 shares of the company’s stock worth $22,910,000 after acquiring an additional 16,604 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 12.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 55,431 shares of the company’s stock worth $2,930,000 after acquiring an additional 6,171 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV traded down $0.07 during trading hours on Thursday, hitting $53.76. 224,204 shares of the company were exchanged, compared to its average volume of 2,569,509. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $39.51 and a 52 week high of $53.93. The company has a market cap of $23.30 billion, a PE ratio of 24.09 and a beta of 0.81. The firm’s 50 day moving average is $51.99 and its 200-day moving average is $50.14.

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.