Focused Wealth Management Inc Sells 99,434 Shares of SPDR Portfolio S&P 500 Value ETF (SPYV)

Focused Wealth Management Inc decreased its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 11.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 754,004 shares of the company’s stock after selling 99,434 shares during the quarter. SPDR Portfolio S&P 500 Value ETF accounts for approximately 7.7% of Focused Wealth Management Inc’s investment portfolio, making the stock its 2nd largest position. Focused Wealth Management Inc owned 1.62% of SPDR Portfolio S&P 500 Value ETF worth $22,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 130.1% during the second quarter. Valmark Advisers Inc. now owns 8,562,543 shares of the company’s stock worth $253,708,000 after purchasing an additional 4,840,774 shares during the period. Assetmark Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 5,584,736.8% during the first quarter. Assetmark Inc. now owns 3,797,689 shares of the company’s stock worth $111,652,000 after purchasing an additional 3,797,621 shares during the period. Ford Financial Group Inc. lifted its position in SPDR Portfolio S&P 500 Value ETF by 60.9% during the second quarter. Ford Financial Group Inc. now owns 1,261,752 shares of the company’s stock worth $39,974,000 after purchasing an additional 477,658 shares during the period. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 Value ETF by 11.0% during the second quarter. Bank of America Corp DE now owns 1,228,445 shares of the company’s stock worth $36,400,000 after purchasing an additional 122,234 shares during the period. Finally, LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 Value ETF by 378.7% during the first quarter. LPL Financial LLC now owns 880,972 shares of the company’s stock worth $25,901,000 after purchasing an additional 696,933 shares during the period.

SPYV opened at $31.41 on Friday. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $28.45 and a twelve month high of $32.54.

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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