Cannon Wealth Management Services LLC Sells 4,398 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Cannon Wealth Management Services LLC lowered its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 130,507 shares of the company’s stock after selling 4,398 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for about 5.9% of Cannon Wealth Management Services LLC’s portfolio, making the stock its 4th biggest holding. Cannon Wealth Management Services LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,827,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in SPYV. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 8.8% during the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after purchasing an additional 3,176,679 shares during the last quarter. Mount Yale Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $69,902,000. Orion Portfolio Solutions LLC boosted its stake in SPDR Portfolio S&P 500 Value ETF by 1,525.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,449,664 shares of the company’s stock worth $76,629,000 after purchasing an additional 1,360,461 shares during the last quarter. Bell Bank acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $64,059,000. Finally, Strategic Financial Concepts LLC boosted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5,118.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 926,973 shares of the company’s stock valued at $47,405,000 after acquiring an additional 909,210 shares during the last quarter.

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

Shares of SPYV stock opened at $52.66 on Monday. The company’s 50-day moving average price is $52.04 and its 200-day moving average price is $52.53. The stock has a market cap of $25.56 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $47.22 and a twelve month high of $55.42.

SPDR Portfolio S&P 500 Value ETF 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.