SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Stock Short Interest Report for October

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 3,332,246 shares, an increase of 158.1% from the September 30th total of 1,291,076 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 3,811,544 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPYV. Avior Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at about $46,088,000. Waller Financial Planning Group Inc. increased its stake in shares of SPDR Portfolio S&P 500 Value ETF by 6.2% in the 3rd quarter. Waller Financial Planning Group Inc. now owns 613,847 shares of the company’s stock valued at $37,524,000 after purchasing an additional 36,059 shares in the last quarter. Tidal Investments LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 45.2% in the 2nd quarter. Tidal Investments LLC now owns 29,874 shares of the company’s stock worth $1,816,000 after purchasing an additional 9,296 shares during the period. Mather Group LLC. acquired a new position in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $621,000. Finally, Waverly Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Value ETF by 17.9% in the 2nd quarter. Waverly Advisors LLC now owns 996,736 shares of the company’s stock worth $60,592,000 after purchasing an additional 151,023 shares during the period.

SPDR Portfolio S&P 500 Value ETF Price Performance

SPYV opened at $64.63 on Friday. The firm has a fifty day moving average price of $62.87 and a 200 day moving average price of $60.55. SPDR Portfolio S&P 500 Value ETF has a 1 year low of $54.44 and a 1 year high of $64.64. The stock has a market cap of $39.09 billion, a P/E ratio of 20.50 and a beta of 0.82.

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.