SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $62.72 and last traded at $62.72, with a volume of 121045 shares changing hands. The stock had previously closed at $62.24.
SPDR Portfolio S&P 500 Value ETF Price Performance
The stock has a market capitalization of $36.53 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. The business’s fifty day moving average price is $61.17 and its 200-day moving average price is $59.34.
Institutional Investors Weigh In On SPDR Portfolio S&P 500 Value ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC raised its position in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% in the first quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock worth $3,361,000 after buying an additional 8,012 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after buying an additional 3,994 shares during the last quarter. Marshall Wace LLP purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $3,008,000. Qube Research & Technologies Ltd raised its holdings in SPDR Portfolio S&P 500 Value ETF by 28.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after buying an additional 2,394 shares during the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the second quarter valued at about $295,000.
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. 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.
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