Elevation Point Wealth Partners LLC Sells 537,392 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Elevation Point Wealth Partners LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 39.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 815,592 shares of the company’s stock after selling 537,392 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 3.3% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 2nd biggest position. Elevation Point Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $42,688,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 22.6% during the 2nd quarter. AE Wealth Management LLC now owns 2,608,841 shares of the company’s stock worth $136,547,000 after purchasing an additional 480,559 shares during the last quarter. Bensler LLC increased its holdings in SPDR Portfolio S&P 500 Value ETF by 6.0% in the second quarter. Bensler LLC now owns 133,986 shares of the company’s stock valued at $7,013,000 after buying an additional 7,621 shares during the last quarter. 1ST Source Bank raised its stake in SPDR Portfolio S&P 500 Value ETF by 3.6% in the second quarter. 1ST Source Bank now owns 47,608 shares of the company’s stock valued at $2,492,000 after buying an additional 1,644 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 0.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 260,687 shares of the company’s stock worth $13,644,000 after buying an additional 1,178 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $386,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV opened at $56.48 on Thursday. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $56.96. The company has a market cap of $30.52 billion, a P/E ratio of 20.50 and a beta of 0.89. The business’s 50-day simple moving average is $55.59 and its 200-day simple moving average is $53.71.

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.