SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Short Interest Update

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 1,848,120 shares, a growth of 54.2% from the January 29th total of 1,198,805 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 3,670,564 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 3,670,564 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

SPDR Portfolio S&P 500 Value ETF Stock Performance

NYSEARCA SPYV opened at $59.50 on Friday. The company has a market capitalization of $33.16 billion, a PE ratio of 20.50 and a beta of 0.89. The business’s fifty day moving average is $58.26 and its 200 day moving average is $56.47. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $44.39 and a fifty-two week high of $59.75.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SPYV. Morgan Stanley raised its holdings in SPDR Portfolio S&P 500 Value ETF by 120.2% during the fourth quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock valued at $1,121,873,000 after acquiring an additional 10,778,683 shares during the period. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter worth about $246,963,000. Allworth Financial LP raised its stake in SPDR Portfolio S&P 500 Value ETF by 16.1% during the 3rd quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock valued at $1,068,593,000 after purchasing an additional 2,682,951 shares during the period. Valpey Financial Services LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,865.0% in the 4th quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock worth $121,193,000 after purchasing an additional 2,097,544 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 5,144.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,807,047 shares of the company’s stock worth $94,581,000 after purchasing an additional 1,772,591 shares in 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.