Arbor Trust Wealth Advisors LLC Cuts Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Arbor Trust Wealth Advisors LLC reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 12.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 107,243 shares of the company’s stock after selling 15,057 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 2.7% of Arbor Trust Wealth Advisors LLC’s holdings, making the stock its 12th largest holding. Arbor Trust Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $5,613,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fiduciary Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at approximately $26,000. Tompkins Financial Corp grew its holdings in SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock valued at $28,000 after purchasing an additional 515 shares in the last quarter. Headlands Technologies LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth $29,000. VSM Wealth Advisory LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $30,000. Finally, Flaharty Asset Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at about $32,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA:SPYV opened at $55.72 on Friday. The stock has a market cap of $30.11 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.75. The business’s 50-day simple moving average is $55.24 and its 200 day simple moving average is $53.10.

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.