Weitzel Financial Services Inc. Has $1.75 Million Stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Weitzel Financial Services Inc. decreased its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 33,166 shares of the company’s stock after selling 412 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises about 0.8% of Weitzel Financial Services Inc.’s investment portfolio, making the stock its 20th biggest holding. Weitzel Financial Services Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $1,746,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 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 valued at $26,000 after buying an additional 327 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 404 shares during the last quarter. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 1st quarter valued at $29,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 2nd quarter valued at $30,000.

SPDR Portfolio S&P 500 Value ETF Trading Up 2.4 %

SPYV stock opened at $53.95 on Thursday. The firm has a market cap of $23.38 billion, a PE ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $41.80 and a 1 year high of $54.05. The company has a fifty day simple moving average of $52.60 and a 200 day simple moving average of $50.60.

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.