Merriman Wealth Management LLC Lowers Stock Position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Merriman Wealth Management LLC cut its stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 129,821 shares of the company’s stock after selling 2,328 shares during the period. Merriman Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $6,327,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Brogan Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $279,000. Chicago Partners Investment Group LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.1% during the 4th quarter. Chicago Partners Investment Group LLC now owns 32,190 shares of the company’s stock worth $1,493,000 after purchasing an additional 665 shares during the period. MGO One Seven LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 25.3% during the 4th quarter. MGO One Seven LLC now owns 108,470 shares of the company’s stock worth $5,058,000 after purchasing an additional 21,869 shares during the period. Founders Financial Alliance LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 7.2% during the 4th quarter. Founders Financial Alliance LLC now owns 13,553 shares of the company’s stock worth $632,000 after purchasing an additional 910 shares during the period. Finally, Opal Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Value ETF by 14.1% during the 1st quarter. Opal Wealth Advisors LLC now owns 38,724 shares of the company’s stock worth $1,940,000 after purchasing an additional 4,785 shares during the period.

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

Shares of SPDR Portfolio S&P 500 Value ETF stock opened at $52.59 on Friday. The company has a fifty day moving average price of $51.08 and a 200 day moving average price of $49.68. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $39.51 and a twelve month high of $52.92. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

About SPDR Portfolio S&P 500 Value ETF

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.