Truepoint Inc. Decreases Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Truepoint Inc. decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,394 shares of the company’s stock after selling 1,974 shares during the quarter. Truepoint Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $29,000. Olistico Wealth LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $30,000. Salem Investment Counselors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth approximately $35,000. Finally, Vima LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at approximately $36,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.4 %

NYSEARCA SPYV opened at $51.90 on Friday. The stock has a market cap of $22.49 billion, a P/E ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $39.51 and a 12-month high of $52.61. The company has a fifty day simple moving average of $50.32 and a two-hundred day simple moving average of $49.35.

SPDR Portfolio S&P 500 Value ETF Company 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.