SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sets New 52-Week High – Should You Buy?

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)’s share price hit a new 52-week high on Monday . The stock traded as high as $55.19 and last traded at $55.12, with a volume of 141833 shares. The stock had previously closed at $54.67.

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

The stock has a 50 day simple moving average of $53.08 and a 200-day simple moving average of $51.09. The firm has a market cap of $23.82 billion, a PE ratio of 24.09 and a beta of 0.81.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SPYV. Private Advisor Group LLC grew its stake in SPDR Portfolio S&P 500 Value ETF by 4.6% during the third quarter. Private Advisor Group LLC now owns 2,761,731 shares of the company’s stock valued at $145,985,000 after acquiring an additional 121,974 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth approximately $33,000. Williams Financial LLC raised its stake in SPDR Portfolio S&P 500 Value ETF by 6,166.3% during the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock valued at $2,101,241,000 after purchasing an additional 42,302,888 shares in the last quarter. Lynch & Associates IN grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 3.7% in the 2nd quarter. Lynch & Associates IN now owns 139,809 shares of the company’s stock worth $6,814,000 after buying an additional 5,030 shares in the last quarter. Finally, Asset Management Group Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 1.7% in the 2nd quarter. Asset Management Group Inc. now owns 91,834 shares of the company’s stock valued at $4,476,000 after acquiring an additional 1,525 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.