Phillips Financial Management LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 20.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,216 shares of the company’s stock after selling 7,087 shares during the quarter. Phillips Financial Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of SPYV. Signaturefd LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 501.6% in the 1st quarter. Signaturefd LLC now owns 1,925 shares of the company’s stock worth $58,000 after buying an additional 1,605 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 24.2% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 2,707 shares of the company’s stock worth $82,000 after buying an additional 527 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in SPDR Portfolio S&P 500 Value ETF by 60.9% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,763 shares of the company’s stock worth $84,000 after buying an additional 1,046 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $100,000. Finally, Signature Estate & Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 1st quarter worth about $155,000.

NYSEARCA:SPYV traded down $0.08 during mid-day trading on Thursday, reaching $30.85. The company’s stock had a trading volume of 6,542 shares, compared to its average volume of 993,474. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $25.44 and a 12-month high of $32.20. The firm’s fifty day moving average price is $31.40 and its two-hundred day moving average price is $30.74.

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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