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

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,093,181 shares, a decline of 90.5% from the December 31st total of 11,558,338 shares. Based on an average daily volume of 4,344,788 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 4,344,788 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.2%

Shares of NYSEARCA SPYV traded down $0.11 during midday trading on Wednesday, reaching $57.93. 4,544,817 shares of the stock were exchanged, compared to its average volume of 4,172,568. The stock has a 50 day moving average price of $57.15 and a 200-day moving average price of $55.53. The company has a market capitalization of $32.18 billion, a P/E ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a 52-week low of $44.39 and a 52-week high of $58.50.

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

Several institutional investors have recently added to or reduced their stakes in the business. Key Capital Management INC purchased a new stake in SPDR Portfolio S&P 500 Value ETF in the 4th quarter valued at about $25,000. Fiduciary Advisors Inc. acquired a new position in SPDR Portfolio S&P 500 Value ETF during the second quarter worth approximately $26,000. Highline Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 229.2% in the 4th quarter. Highline Wealth Partners LLC now owns 451 shares of the company’s stock valued at $26,000 after purchasing an additional 314 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $26,000. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth $27,000.

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.