Wallington Asset Management LLC Lowers Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Wallington Asset Management LLC lessened its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 7.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,445 shares of the company’s stock after selling 1,110 shares during the quarter. Wallington Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $704,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Elite Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $25,000. Fiduciary Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $26,000. Tompkins Financial Corp lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4,681.8% in the second quarter. Tompkins Financial Corp now owns 526 shares of the company’s stock worth $28,000 after buying an additional 515 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $29,000. Finally, VSM Wealth Advisory LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth $30,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

SPYV stock opened at $55.70 on Friday. SPDR Portfolio S&P 500 Value ETF has a one year low of $44.39 and a one year high of $55.97. The company’s fifty day moving average price is $54.25 and its 200-day moving average price is $51.88. The company has a market capitalization of $29.90 billion, a PE ratio of 20.50 and a beta of 0.94.

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.