BIP Wealth LLC Trims Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

BIP Wealth LLC lowered its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 486,989 shares of the company’s stock after selling 12,464 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 1.0% of BIP Wealth LLC’s portfolio, making the stock its 17th largest holding. BIP Wealth LLC owned 0.09% of SPDR Portfolio S&P 500 Value ETF worth $27,666,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SPYV. AQR Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after purchasing an additional 3,994 shares in the last quarter. CW Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $873,000. Marshall Wace LLP purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $3,008,000. Finally, Acorn Wealth Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.8% in the 2nd quarter. Acorn Wealth Advisors LLC now owns 9,090 shares of the company’s stock valued at $476,000 after purchasing an additional 889 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $56.78 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.47 and a twelve month high of $59.75. The business has a 50-day moving average price of $57.94 and a 200 day moving average price of $56.98. The firm has a market cap of $31.87 billion, a PE ratio of 20.50 and a beta of 0.87.

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.