SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Hits New 12-Month Low – Time to Sell?

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $47.00 and last traded at $48.09, with a volume of 2043 shares trading hands. The stock had previously closed at $49.14.

SPDR Portfolio S&P 500 Value ETF Stock Performance

The stock has a market cap of $22.85 billion, a price-to-earnings ratio of 21.49 and a beta of 0.93. The business’s 50 day moving average is $51.78 and its 200 day moving average is $52.46.

SPDR Portfolio S&P 500 Value ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1798 per share. The ex-dividend date was Monday, March 24th.

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

Hedge funds have recently bought and sold shares of the business. Park Place Capital Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $31,000. Wood Tarver Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $35,000. Lindbrook Capital LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 224.8% during the fourth quarter. Lindbrook Capital LLC now owns 695 shares of the company’s stock worth $36,000 after purchasing an additional 481 shares during the period. Legacy Investment Solutions LLC purchased a new position in SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $37,000. Finally, Deutsche Bank AG increased its stake in SPDR Portfolio S&P 500 Value ETF by 81.3% in the 4th quarter. Deutsche Bank AG now owns 725 shares of the company’s stock valued at $37,000 after buying an additional 325 shares during the period.

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.