1ST Source Bank Sells 4,008 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

1ST Source Bank trimmed its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 8.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,395 shares of the company’s stock after selling 4,008 shares during the period. 1ST Source Bank’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,452,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. CENTRAL TRUST Co boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 199.4% during the 3rd quarter. CENTRAL TRUST Co now owns 491 shares of the company’s stock worth $26,000 after acquiring an additional 327 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 404 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $33,000. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter valued at $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter valued at $37,000.

SPDR Portfolio S&P 500 Value ETF Stock Performance

Shares of SPYV stock traded down $0.21 during mid-day trading on Friday, hitting $53.06. 405,918 shares of the stock were exchanged, compared to its average volume of 2,544,547. The stock’s fifty day simple moving average is $53.62 and its two-hundred day simple moving average is $51.54. The stock has a market capitalization of $23.00 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 12-month low of $45.64 and a 12-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.