BIP Wealth LLC Decreases Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

BIP Wealth LLC cut its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 742,839 shares of the company’s stock after selling 40,686 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 2.7% of BIP Wealth LLC’s holdings, making the stock its 6th largest holding. BIP Wealth LLC owned approximately 0.20% of SPDR Portfolio S&P 500 Value ETF worth $34,639,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Atria Wealth Solutions Inc. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 63.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 365,518 shares of the company’s stock worth $17,044,000 after buying an additional 142,047 shares in the last quarter. Arbor Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $450,000. New England Capital Financial Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 1.1% in the 4th quarter. New England Capital Financial Advisors LLC now owns 245,239 shares of the company’s stock valued at $11,435,000 after purchasing an additional 2,731 shares during the period. NewSquare Capital LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 0.8% in the 4th quarter. NewSquare Capital LLC now owns 98,497 shares of the company’s stock valued at $4,593,000 after purchasing an additional 815 shares during the period. Finally, Demars Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $13,123,000.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPYV stock traded down $0.02 during trading hours on Wednesday, reaching $48.54. The company had a trading volume of 1,867,960 shares, compared to its average volume of 2,665,523. The firm has a market cap of $20.80 billion, a price-to-earnings ratio of 23.06 and a beta of 0.88. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $39.51 and a 1-year high of $50.20. The company has a 50 day moving average of $48.61 and a 200 day moving average of $45.99.

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.