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 share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.19 and last traded at $55.12, with a volume of 141833 shares. The stock had previously closed at $54.67.

SPDR Portfolio S&P 500 Value ETF Stock Performance

The company’s 50-day simple moving average is $53.19 and its 200 day simple moving average is $51.17. The company has a market cap of $23.86 billion, a PE ratio of 24.09 and a beta of 0.81.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SPYV. Williams Financial LLC raised its position in SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the 2nd quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares in the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 8.8% in the third quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock valued at $2,069,502,000 after acquiring an additional 3,176,679 shares in the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Value ETF by 2.3% in the third quarter. Allworth Financial LP now owns 20,300,686 shares of the company’s stock worth $1,073,094,000 after acquiring an additional 461,035 shares during the last quarter. Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 3rd quarter. Valmark Advisers Inc. now owns 7,491,869 shares of the company’s stock worth $396,020,000 after acquiring an additional 140,498 shares in the last quarter. Finally, Advisory Alpha LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.2% in the 2nd quarter. Advisory Alpha LLC now owns 4,388,367 shares of the company’s stock valued at $213,893,000 after purchasing an additional 512,054 shares during the last quarter.

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.