Concourse Financial Group Securities Inc. Has $562,000 Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Concourse Financial Group Securities Inc. reduced its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 37.1% during 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 11,212 shares of the company’s stock after selling 6,609 shares during the period. Concourse Financial Group Securities Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Avior Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% during the 1st quarter. Avior Wealth Management LLC now owns 498,492 shares of the company’s stock worth $24,974,000 after buying an additional 23,081 shares during the period. Retirement Group LLC grew its position in shares of SPDR Portfolio S&P 500 Value ETF by 69.0% in the first quarter. Retirement Group LLC now owns 14,570 shares of the company’s stock valued at $730,000 after purchasing an additional 5,950 shares during the last quarter. Mission Wealth Management LP bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the first quarter worth about $712,000. Wambolt & Associates LLC increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 10.1% in the first quarter. Wambolt & Associates LLC now owns 51,026 shares of the company’s stock worth $2,541,000 after purchasing an additional 4,669 shares during the period. Finally, Diversify Advisory Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth about $18,418,000.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.0 %

Shares of SPYV stock traded up $0.01 during trading hours on Friday, reaching $48.65. 1,610,515 shares of the company’s stock were exchanged, compared to its average volume of 2,425,492. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $39.51 and a fifty-two week high of $50.20. The business has a fifty day moving average price of $49.00 and a 200-day moving average price of $48.17. The stock has a market capitalization of $21.08 billion, a P/E ratio of 24.09 and a beta of 0.81.

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.