SPDR Portfolio S&P 500 Value ETF $SPYV Stock Position Reduced by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. lessened its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 42.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,483 shares of the company’s stock after selling 51,492 shares during the period. SPDR Portfolio S&P 500 Value ETF accounts for approximately 1.8% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 14th biggest position. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,248,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $42,000. Smith Partners Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 37.0% during the 3rd quarter. Smith Partners Wealth Management LLC now owns 118,998 shares of the company’s stock worth $7,274,000 after acquiring an additional 32,122 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% during the 3rd quarter. Ritholtz Wealth Management now owns 43,870 shares of the company’s stock valued at $2,682,000 after acquiring an additional 754 shares during the last quarter. Granville Capital Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $26,183,000. Finally, Jacobi Capital Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 3.0% during the 3rd quarter. Jacobi Capital Management LLC now owns 10,671 shares of the company’s stock valued at $652,000 after acquiring an additional 313 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $64.73 on Friday. The firm has a fifty day moving average price of $63.02 and a 200 day moving average price of $60.86. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $54.44 and a fifty-two week high of $65.52. The firm has a market cap of $38.87 billion, a PE ratio of 22.31 and a beta of 0.83.

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. 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.