Cwm LLC Sells 113,881 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Cwm LLC lessened its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,074,439 shares of the company’s stock after selling 113,881 shares during the period. Cwm LLC owned approximately 0.76% of SPDR Portfolio S&P 500 Value ETF worth $225,439,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.6% in the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock worth $870,421,000 after purchasing an additional 422,591 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 4.1% during the 2nd quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock valued at $432,936,000 after purchasing an additional 326,580 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock worth $376,410,000 after purchasing an additional 390,643 shares during the period. Bank of America Corp DE boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock worth $339,083,000 after buying an additional 337,506 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the 2nd quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock worth $304,674,000 after buying an additional 80,477 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $57.37 on Friday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $57.59. The firm has a 50-day moving average of $56.34 and a 200 day moving average of $54.59. The firm has a market cap of $31.00 billion, a P/E ratio of 20.50 and a beta of 0.89.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.