SPDR Portfolio S&P 500 Value ETF $SPYV Position Cut by Magnus Financial Group LLC

Magnus Financial Group LLC trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,735,378 shares of the company’s stock after selling 35,198 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 7.6% of Magnus Financial Group LLC’s holdings, making the stock its largest position. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $96,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SPYV. Farther Finance Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 13.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 176,237 shares of the company’s stock valued at $9,751,000 after acquiring an additional 21,383 shares in the last quarter. AE Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 22.6% in the 2nd quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock worth $136,547,000 after acquiring an additional 480,559 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 25.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 350,164 shares of the company’s stock worth $19,375,000 after purchasing an additional 70,016 shares during the last quarter. Bensler LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 6.0% during the second quarter. Bensler LLC now owns 133,986 shares of the company’s stock valued at $7,013,000 after purchasing an additional 7,621 shares in the last quarter. Finally, CW Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the second quarter valued at about $873,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $58.21 on Thursday. The company has a market capitalization of $32.39 billion, a PE ratio of 20.50 and a beta of 0.89. The company has a 50-day simple moving average of $56.79 and a two-hundred day simple moving average of $55.20. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $58.30.

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.