SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sets New 52-Week High – Here’s What Happened

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) hit a new 52-week high during trading on Thursday . The stock traded as high as $62.21 and last traded at $62.18, with a volume of 351108 shares. The stock had previously closed at $61.69.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.5%

The firm has a market cap of $36.00 billion, a PE ratio of 20.50 and a beta of 0.82. The firm has a fifty day simple moving average of $60.98 and a two-hundred day simple moving average of $59.13.

Institutional Trading of SPDR Portfolio S&P 500 Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Asempa Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $945,000. ERn Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 4.9% in the 4th quarter. ERn Financial LLC now owns 676,263 shares of the company’s stock worth $38,419,000 after buying an additional 31,736 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in SPDR Portfolio S&P 500 Value ETF by 7.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 278,065 shares of the company’s stock worth $15,797,000 after acquiring an additional 18,366 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter valued at approximately $10,928,000. Finally, Cobblestone Asset Management LLC increased its position in SPDR Portfolio S&P 500 Value ETF by 44.0% during the fourth quarter. Cobblestone Asset Management LLC now owns 243,084 shares of the company’s stock valued at $13,810,000 after acquiring an additional 74,268 shares during the last quarter.

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.