SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sets New 52-Week High at $35.22

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $35.22 and last traded at $35.22, with a volume of 42 shares changing hands. The stock had previously closed at $35.05.

The firm has a 50 day moving average of $34.62 and a 200 day moving average of $32.63.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.2121 dividend. This is an increase from SPDR Portfolio S&P 500 Value ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, December 23rd. This represents a $0.85 annualized dividend and a yield of 2.41%.

A number of institutional investors have recently bought and sold shares of SPYV. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 670.8% during the third quarter. Envestnet Asset Management Inc. now owns 9,897,516 shares of the company’s stock worth $316,325,000 after acquiring an additional 8,613,537 shares in the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 9.3% during the third quarter. Allworth Financial LP now owns 3,310,126 shares of the company’s stock worth $105,792,000 after acquiring an additional 281,871 shares in the last quarter. Bank of America Corp DE lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 17.3% during the second quarter. Bank of America Corp DE now owns 3,306,472 shares of the company’s stock worth $103,427,000 after acquiring an additional 488,807 shares in the last quarter. Gradient Investments LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 727.0% during the fourth quarter. Gradient Investments LLC now owns 2,040,371 shares of the company’s stock worth $71,229,000 after acquiring an additional 1,793,643 shares in the last quarter. Finally, Nicolet Advisory Services LLC lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 7.5% during the third quarter. Nicolet Advisory Services LLC now owns 2,026,994 shares of the company’s stock worth $64,783,000 after acquiring an additional 141,929 shares in the last quarter.

About SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV)

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.

Further Reading: Cost of Goods Sold (COGS)

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