PAX Financial Group LLC Sells 81,000 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

PAX Financial Group LLC reduced its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 53.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,669 shares of the company’s stock after selling 81,000 shares during the period. PAX Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $3,998,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYV. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 81,729,362 shares of the company’s stock valued at $4,522,086,000 after purchasing an additional 642,820 shares during the last quarter. Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 120.2% during the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after buying an additional 10,778,683 shares during the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.0% during the 4th quarter. Allworth Financial LP now owns 19,695,295 shares of the company’s stock worth $1,118,890,000 after buying an additional 382,214 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 2.7% during the 4th quarter. Valmark Advisers Inc. now owns 8,740,145 shares of the company’s stock worth $496,528,000 after buying an additional 231,888 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 Value ETF by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 8,575,647 shares of the company’s stock valued at $474,565,000 after buying an additional 304,642 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPDR Portfolio S&P 500 Value ETF stock opened at $61.64 on Friday. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $51.97 and a 12-month high of $61.87. The business’s 50-day moving average price is $60.54 and its two-hundred day moving average price is $58.80. The stock has a market cap of $35.74 billion, a PE ratio of 20.50 and a beta of 0.82.

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.