Florida Financial Advisors LLC Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF $SPYV

Florida Financial Advisors LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 60.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,717 shares of the company’s stock after selling 56,768 shares during the period. Florida Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,087,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPYV. AQR Capital Management LLC lifted its holdings 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 worth $3,361,000 after acquiring an additional 8,012 shares during the last quarter. Empirical Asset Management LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 4.1% during the second quarter. Empirical Asset Management LLC now owns 11,614 shares of the company’s stock valued at $608,000 after purchasing an additional 453 shares in the last quarter. Smithbridge Asset Management Inc. DE lifted its stake in SPDR Portfolio S&P 500 Value ETF by 18.0% during the second quarter. Smithbridge Asset Management Inc. DE now owns 174,450 shares of the company’s stock worth $9,131,000 after purchasing an additional 26,572 shares during the last quarter. SilverOak Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% in the 2nd quarter. SilverOak Wealth Management LLC now owns 386,944 shares of the company’s stock worth $20,253,000 after purchasing an additional 16,928 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.6% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 135,687 shares of the company’s stock valued at $7,102,000 after purchasing an additional 872 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.6%

Shares of NYSEARCA SPYV opened at $58.99 on Friday. The stock’s 50-day moving average is $57.83 and its 200 day moving average is $56.01. The stock has a market cap of $32.88 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75.

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.