SVB Wealth LLC Sells 32,608 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

SVB Wealth LLC lowered its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 64.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 17,922 shares of the company’s stock after selling 32,608 shares during the period. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,014,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Asempa Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $945,000. ERn Financial LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 4.9% in the fourth quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock valued at $38,419,000 after buying an additional 31,736 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $10,928,000. TIAA Trust National Association boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 13.3% during the 3rd quarter. TIAA Trust National Association now owns 4,330,027 shares of the company’s stock worth $239,580,000 after buying an additional 506,795 shares in the last quarter. Finally, Cobblestone Asset Management LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 44.0% during the 4th quarter. Cobblestone Asset Management LLC now owns 243,084 shares of the company’s stock worth $13,810,000 after buying an additional 74,268 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.3%

NYSEARCA:SPYV opened at $60.56 on Wednesday. The company has a fifty day moving average of $60.18 and a 200-day moving average of $58.59. The firm has a market capitalization of $34.03 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $51.49 and a twelve month high of $61.87.

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. 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.