Charles Schwab Investment Management Inc. Sells 10,573 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Charles Schwab Investment Management Inc. decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,713 shares of the company’s stock after selling 10,573 shares during the period. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,267,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Demars Financial Group LLC boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 7.7% during the first quarter. Demars Financial Group LLC now owns 17,380,190 shares of the company’s stock worth $887,606,000 after buying an additional 1,235,219 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 8,030,623 shares of the company’s stock valued at $410,711,000 after purchasing an additional 767,901 shares during the period. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.6% in the 1st quarter. Valmark Advisers Inc. now owns 7,945,035 shares of the company’s stock valued at $405,753,000 after purchasing an additional 278,742 shares during the period. Royal Bank of Canada boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 32.3% during the 4th quarter. Royal Bank of Canada now owns 5,343,491 shares of the company’s stock worth $273,267,000 after buying an additional 1,305,783 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 8.6% during the first quarter. Envestnet Asset Management Inc. now owns 4,503,433 shares of the company’s stock worth $229,990,000 after acquiring an additional 355,722 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.3%

SPYV opened at $54.58 on Thursday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $55.42. The company has a 50-day simple moving average of $53.09 and a 200 day simple moving average of $51.36. The stock has a market capitalization of $27.97 billion, a price-to-earnings ratio of 20.50 and a beta of 0.94.

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.