SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) is JDM Financial Group LLC’s 9th Largest Position

JDM Financial Group LLC reduced its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.0% in the 4th quarter, Holdings Channel reports. The firm owned 89,367 shares of the company’s stock after selling 913 shares during the period. SPDR Portfolio S&P 500 Value ETF makes up 3.5% of JDM Financial Group LLC’s holdings, making the stock its 9th biggest holding. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $4,167,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Golden State Equity Partners acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $214,000. IAG Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 13.9% in the 4th quarter. IAG Wealth Partners LLC now owns 87,542 shares of the company’s stock valued at $4,082,000 after acquiring an additional 10,692 shares during the period. Truist Financial Corp increased its position in SPDR Portfolio S&P 500 Value ETF by 15.8% in the 4th quarter. Truist Financial Corp now owns 252,902 shares of the company’s stock valued at $11,793,000 after acquiring an additional 34,440 shares during the period. Kovack Advisors Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 11.6% in the 4th quarter. Kovack Advisors Inc. now owns 6,784 shares of the company’s stock valued at $316,000 after acquiring an additional 705 shares during the period. Finally, McClarren Financial Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $54,000.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.2 %

SPYV stock traded down $0.11 during trading on Friday, hitting $48.31. The company had a trading volume of 1,572,295 shares, compared to its average volume of 2,650,943. The firm has a market cap of $20.70 billion, a PE 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 firm has a 50-day moving average price of $48.64 and a 200-day moving average price of $46.05.

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.