Geneos Wealth Management Inc. Sells 6,347 Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

Geneos Wealth Management Inc. decreased its holdings in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 1.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 521,412 shares of the company’s stock after selling 6,347 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises 0.9% of Geneos Wealth Management Inc.’s holdings, making the stock its 14th biggest position. Geneos Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $26,665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Fifth Third Bancorp boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 55.0% in the fourth quarter. Fifth Third Bancorp now owns 231,880 shares of the company’s stock valued at $11,858,000 after buying an additional 82,242 shares during the period. CX Institutional raised its holdings in SPDR Portfolio S&P 500 Value ETF by 62.4% in the 4th quarter. CX Institutional now owns 269,966 shares of the company’s stock valued at $13,806,000 after acquiring an additional 103,762 shares in the last quarter. Encompass More Asset Management bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $262,000. RFG Advisory LLC grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 49.9% during the 4th quarter. RFG Advisory LLC now owns 72,188 shares of the company’s stock worth $3,692,000 after purchasing an additional 24,024 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 10.5% in the fourth quarter. Cornerstone Wealth Management LLC now owns 61,274 shares of the company’s stock worth $3,134,000 after purchasing an additional 5,843 shares during the period.

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

SPYV opened at $52.56 on Friday. The stock has a market capitalization of $22.78 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $46.42 and a twelve month high of $55.42. The company has a 50-day simple moving average of $52.67 and a 200 day simple moving average of $52.13.

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.