SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sees Large Volume Increase – What’s Next?

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) shares saw unusually-strong trading volume on Friday . Approximately 5,058,551 shares were traded during mid-day trading, an increase of 116% from the previous session’s volume of 2,343,949 shares.The stock last traded at $52.33 and had previously closed at $52.16.

SPDR Portfolio S&P 500 Value ETF Trading Up 1.3 %

The firm’s 50-day moving average is $52.11 and its 200-day moving average is $52.60. The firm has a market cap of $25.65 billion, a price-to-earnings ratio of 22.42 and a beta of 0.95.

Institutional Trading of SPDR Portfolio S&P 500 Value ETF

Several hedge funds have recently bought and sold shares of the business. Demars Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,184.5% in the 4th quarter. Demars Financial Group LLC now owns 16,144,971 shares of the company’s stock worth $825,654,000 after acquiring an additional 15,839,453 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $281,432,000. Horizon Investments LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 300.5% in the 4th quarter. Horizon Investments LLC now owns 5,797,361 shares of the company’s stock worth $296,477,000 after acquiring an additional 4,349,903 shares in the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 8.8% in the 3rd quarter. LPL Financial LLC now owns 39,150,619 shares of the company’s stock worth $2,069,502,000 after acquiring an additional 3,176,679 shares in the last quarter. Finally, NorthRock Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 167.3% in the 4th quarter. NorthRock Partners LLC now owns 4,406,510 shares of the company’s stock worth $225,349,000 after acquiring an additional 2,757,825 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.