CIBC Bancorp USA Inc. bought a new stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 197,509 shares of the company’s stock, valued at approximately $10,928,000.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Abich Financial Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth about $27,000. Triumph Capital Management acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter worth about $30,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $44,000. TFC Financial Management Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $44,000. Finally, Wagner Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Value ETF during the third quarter valued at approximately $45,000.
SPDR Portfolio S&P 500 Value ETF Price Performance
NYSEARCA SPYV opened at $56.39 on Friday. The company has a market cap of $31.43 billion, a PE ratio of 20.50 and a beta of 0.89. The stock’s 50 day simple moving average is $58.38 and its 200-day simple moving average is $56.78. SPDR Portfolio S&P 500 Value ETF has a 1-year low of $44.39 and a 1-year high of $59.75.
SPDR Portfolio S&P 500 Value ETF 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. 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.
See Also
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