SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Short Interest Update

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,065,220 shares, a drop of 43.8% from the July 30th total of 1,895,110 shares. Based on an average daily volume of 2,217,707 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.3%

SPDR Portfolio S&P 500 Value ETF stock traded down $0.22 during midday trading on Tuesday, hitting $63.13. The stock had a trading volume of 1,528,544 shares, compared to its average volume of 2,991,321. The stock has a market cap of $36.80 billion, a P/E ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $53.94 and a 12 month high of $64.26. The business has a fifty day moving average price of $62.32 and a 200 day moving average price of $60.20.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Meramec Financial Planners LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF in the first quarter worth $28,000. Signature Equity Partners LLC raised 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 worth $28,000 after purchasing an additional 310 shares during the period. Advisortrust Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter worth $29,000. CENTRAL TRUST Co lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 191.2% in the 4th quarter. CENTRAL TRUST Co now owns 527 shares of the company’s stock worth $30,000 after buying an additional 346 shares during the last quarter. Finally, Triumph Capital Management bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $30,000.

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. 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.