Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.49 and last traded at $51.29, with a volume of 219494 shares trading hands. The stock had previously closed at $51.32.
SPDR Portfolio S&P 500 Value ETF Price Performance
The firm’s fifty day moving average price is $49.82 and its 200-day moving average price is $49.06. The company has a market cap of $22.46 billion, a price-to-earnings 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 the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 227.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 404 shares during the last quarter. EdgeRock Capital LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at $29,000. Crewe Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Value ETF during the 1st quarter worth $29,000. Olistico Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the second quarter worth $30,000. Finally, Salem Investment Counselors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the first quarter valued at $35,000.
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.
Read More
- Five stocks we like better than SPDR Portfolio S&P 500 Value ETF
- What to Know About Investing in Penny Stocks
- CAVA Stock Rallies as Earnings Confirm It’s a Top Growth Play
- How to Buy Cheap Stocks Step by Step
- 3 High Short-Interest Stocks Poised for a Rate Cut Squeeze
- 3 Small Caps With Big Return Potential
- MarketBeat Week in Review – 8/19 – 8/23
Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
