Wrapmanager Inc. Sells 7,179 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Wrapmanager Inc. decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,031 shares of the company’s stock after selling 7,179 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 2.6% of Wrapmanager Inc.’s portfolio, making the stock its 10th largest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $10,574,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Private Wealth LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 0.7% during the second quarter. Flagship Private Wealth LLC now owns 27,505 shares of the company’s stock valued at $1,440,000 after acquiring an additional 197 shares in the last quarter. Red Tortoise LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 0.3% in the second quarter. Red Tortoise LLC now owns 70,172 shares of the company’s stock valued at $3,673,000 after purchasing an additional 207 shares during the last quarter. Warren Street Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the second quarter. Warren Street Wealth Advisors LLC now owns 12,309 shares of the company’s stock valued at $644,000 after purchasing an additional 209 shares during the last quarter. Key Client Fiduciary Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.4% in the second quarter. Key Client Fiduciary Advisors LLC now owns 6,432 shares of the company’s stock worth $337,000 after purchasing an additional 214 shares during the period. Finally, Community Bank N.A. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.1% during the 2nd quarter. Community Bank N.A. now owns 11,029 shares of the company’s stock worth $577,000 after purchasing an additional 223 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Down 1.0%

Shares of NYSEARCA SPYV opened at $56.29 on Friday. The business’s 50 day moving average is $55.40 and its two-hundred day moving average is $53.29. The company has a market cap of $30.42 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $56.96.

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.