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

Cannon Wealth Management Services LLC reduced its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 130,507 shares of the company’s stock after selling 4,398 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 5.9% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 4th largest position. 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 Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,569,723 shares of the company’s stock valued at $294,416,000 after buying an additional 286,795 shares during the period. Hobart Private Capital LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 1.2% in the 4th quarter. Hobart Private Capital LLC now owns 163,808 shares of the company’s stock valued at $8,377,000 after buying an additional 1,881 shares during the period. Diversify Advisory Services LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 12.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 219,542 shares of the company’s stock valued at $11,693,000 after buying an additional 25,003 shares during the period. Signaturefd LLC increased its stake in SPDR Portfolio S&P 500 Value ETF by 23.6% during the third quarter. Signaturefd LLC now owns 5,222 shares of the company’s stock worth $276,000 after purchasing an additional 996 shares during the period. Finally, Trilogy Capital Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 10.4% during the fourth quarter. Trilogy Capital Inc. now owns 146,514 shares of the company’s stock worth $7,493,000 after purchasing an additional 13,800 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of NYSEARCA:SPYV opened at $52.66 on Monday. The firm has a market capitalization of $25.56 billion, a PE ratio of 22.42 and a beta of 0.95. The firm’s 50-day moving average is $52.04 and its two-hundred day moving average is $52.53. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $47.22 and a 1 year high of $55.42.

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.