Cassaday & Co Wealth Management LLC Trims Holdings in SPDR Portfolio S&P 500 Value ETF $SPYV

Cassaday & Co Wealth Management LLC lessened its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,624 shares of the company’s stock after selling 1,236 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $765,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPYV. Fiduciary Advisors Inc. purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter valued at about $26,000. Tompkins Financial Corp grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% during the 2nd quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after acquiring an additional 515 shares during the period. Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $29,000. VSM Wealth Advisory LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $30,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $32,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $55.61 on Wednesday. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $56.75. The business’s 50 day moving average price is $55.18 and its two-hundred day moving average price is $52.97. The company has a market capitalization of $29.97 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.

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.