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

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)’s stock price reached a new 52-week low 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 Price Performance

The company has a 50-day moving average price of $51.91 and a two-hundred day moving average price of $52.50. The company has a market cap of $23.49 billion, a PE ratio of 21.49 and a beta of 0.93.

SPDR Portfolio S&P 500 Value ETF Announces Dividend

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

Hedge Funds Weigh In On SPDR Portfolio S&P 500 Value ETF

Large investors have recently modified their holdings of the stock. Park Place Capital Corp acquired a new position in SPDR Portfolio S&P 500 Value ETF in the fourth quarter worth $31,000. Wood Tarver Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the 4th quarter valued at about $35,000. Lindbrook Capital LLC raised its stake in 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 acquiring an additional 481 shares during the period. Legacy Investment Solutions LLC bought a new position in SPDR Portfolio S&P 500 Value ETF in the third quarter worth about $37,000. Finally, Deutsche Bank AG grew its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 81.3% during the fourth quarter. Deutsche Bank AG now owns 725 shares of the company’s stock valued at $37,000 after purchasing an additional 325 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.