SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Reaches New 1-Year High – Here’s What Happened

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $61.76 and last traded at $61.72, with a volume of 735522 shares traded. The stock had previously closed at $61.27.

SPDR Portfolio S&P 500 Value ETF Trading Up 0.7%

The company has a market capitalization of $34.67 billion, a PE ratio of 20.50 and a beta of 0.82. The business’s 50-day simple moving average is $59.66 and its 200-day simple moving average is $58.38.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 Value ETF

Several institutional investors have recently made changes to their positions in the company. Topsail Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 5.3% during the 1st quarter. Topsail Wealth Management LLC now owns 3,450 shares of the company’s stock valued at $195,000 after purchasing an additional 175 shares in the last quarter. SmartHarvest Portfolios LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.6% during the 1st quarter. SmartHarvest Portfolios LLC now owns 4,008 shares of the company’s stock valued at $227,000 after purchasing an additional 176 shares in the last quarter. Empirical Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.5% during the 4th quarter. Empirical Asset Management LLC now owns 12,628 shares of the company’s stock valued at $717,000 after purchasing an additional 183 shares in the last quarter. Fiduciary Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.8% during the 3rd quarter. Fiduciary Group LLC now owns 5,070 shares of the company’s stock valued at $281,000 after purchasing an additional 185 shares in the last quarter. Finally, Principle Wealth Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.2% during the 4th quarter. Principle Wealth Partners LLC now owns 4,725 shares of the company’s stock valued at $268,000 after purchasing an additional 191 shares in the last quarter.

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.