SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sets New 12-Month High at $50.49

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $50.49 and last traded at $50.44, with a volume of 470209 shares trading hands. The stock had previously closed at $49.99.

SPDR Portfolio S&P 500 Value ETF Stock Up 1.4 %

The stock has a fifty day moving average of $49.13 and a 200-day moving average of $48.32. The stock has a market capitalization of $21.96 billion, a price-to-earnings ratio of 24.09 and a beta of 0.81.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 Value ETF

Large investors have recently modified their holdings of the company. First Command Advisory Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 3.1% in the fourth quarter. First Command Advisory Services Inc. now owns 517,604 shares of the company’s stock valued at $24,168,000 after acquiring an additional 15,759 shares during the period. Stone Point Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 2.9% during the fourth quarter. Stone Point Wealth LLC now owns 190,619 shares of the company’s stock worth $8,889,000 after purchasing an additional 5,427 shares during the last quarter. Brogan Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $279,000. OLD National Bancorp IN raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 4.5% during the fourth quarter. OLD National Bancorp IN now owns 1,574,266 shares of the company’s stock worth $73,408,000 after purchasing an additional 67,258 shares during the last quarter. Finally, Flputnam Investment Management Co. raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 245.8% during the fourth quarter. Flputnam Investment Management Co. now owns 1,651,630 shares of the company’s stock worth $77,015,000 after purchasing an additional 1,174,068 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.