Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 10,264 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 17.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,313 shares of the company’s stock after selling 10,264 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,673,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPYV. Allworth Financial LP grew its position in SPDR Portfolio S&P 500 Value ETF by 2.6% during the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock worth $870,421,000 after buying an additional 422,591 shares in the last quarter. Valmark Advisers Inc. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the 3rd quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock valued at $470,762,000 after acquiring an additional 236,642 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,456,598 shares of the company’s stock valued at $412,574,000 after acquiring an additional 264,960 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.5% during the second quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock worth $339,083,000 after purchasing an additional 337,506 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% in the second quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock worth $304,674,000 after purchasing an additional 80,477 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $59.26 on Friday. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75. The company has a market capitalization of $33.03 billion, a P/E ratio of 20.50 and a beta of 0.89. The firm’s 50 day simple moving average is $58.03 and its 200 day simple moving average is $56.25.

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. 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.