SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sets New 52-Week High – Here’s What Happened

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $62.98 and last traded at $62.98, with a volume of 821012 shares traded. The stock had previously closed at $62.42.

SPDR Portfolio S&P 500 Value ETF Price Performance

The firm has a market cap of $36.79 billion, a P/E ratio of 20.50 and a beta of 0.82. The stock’s 50 day moving average is $61.34 and its two-hundred day moving average is $59.49.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 Value ETF

A number of institutional investors have recently added to or reduced their stakes in SPYV. Key Capital Management INC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth $26,000. Meramec Financial Planners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter worth $28,000. Signature Equity Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 163.2% during the first quarter. Signature Equity Partners LLC now owns 500 shares of the company’s stock valued at $28,000 after acquiring an additional 310 shares during the period. Finally, Advisortrust Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $29,000.

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. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.