PAX Financial Group LLC Sells 81,000 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

PAX Financial Group LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 53.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,669 shares of the company’s stock after selling 81,000 shares during the period. PAX Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,998,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYV. Axis Wealth Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.8% in the 1st quarter. Axis Wealth Partners LLC now owns 54,992 shares of the company’s stock valued at $3,111,000 after acquiring an additional 2,996 shares during the last quarter. Stevens Capital Partners boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% during the 1st quarter. Stevens Capital Partners now owns 172,719 shares of the company’s stock valued at $9,772,000 after acquiring an additional 9,385 shares in the last quarter. rebel Financial LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 1.4% during the 1st quarter. rebel Financial LLC now owns 279,279 shares of the company’s stock worth $15,802,000 after acquiring an additional 3,861 shares during the last quarter. Vision Capital Management Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 2.9% during the 1st quarter. Vision Capital Management Inc. now owns 112,049 shares of the company’s stock worth $6,340,000 after acquiring an additional 3,209 shares during the last quarter. Finally, Prospect Financial Services LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 3.9% during the 1st quarter. Prospect Financial Services LLC now owns 10,665 shares of the company’s stock worth $603,000 after acquiring an additional 396 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV opened at $61.64 on Friday. The stock has a market cap of $35.74 billion, a PE ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $61.87. The business has a 50-day simple moving average of $60.54 and a two-hundred day simple moving average of $58.80.

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.