KWB Wealth Sells 262,271 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

KWB Wealth lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 16.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,365,288 shares of the company’s stock after selling 262,271 shares during the quarter. SPDR Portfolio S&P 500 Value ETF comprises 7.1% of KWB Wealth’s investment portfolio, making the stock its 3rd biggest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $82,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. AQR Capital Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after purchasing an additional 8,012 shares during the period. Russell Investments Group Ltd. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock worth $272,000 after acquiring an additional 3,994 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth about $3,008,000. Qube Research & Technologies Ltd raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock worth $565,000 after acquiring an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at about $295,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of NYSEARCA SPYV opened at $63.29 on Tuesday. The stock has a market cap of $36.90 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $53.08 and a fifty-two week high of $63.31. The firm’s 50-day simple moving average is $61.54 and its 200 day simple moving average is $59.67.

About SPDR Portfolio S&P 500 Value ETF

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.