SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Reaches New 12-Month High at $35.22

Share on StockTwits

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) hit 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 trading 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.2121 dividend. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.41%. This is a boost from SPDR Portfolio S&P 500 Value ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, December 23rd.

Large investors have recently added to or reduced their stakes in the stock. Vectors Research Management LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth approximately $50,000. Belmont Capital LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the 4th quarter worth $57,000. Independence Bank of Kentucky bought a new position in SPDR Portfolio S&P 500 Value ETF during the 3rd quarter worth $57,000. Family Management Corp bought a new position in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth $57,000. Finally, Financial Gravity Wealth Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 314.1% during the 3rd quarter. Financial Gravity Wealth Inc. now owns 2,079 shares of the company’s stock worth $66,000 after acquiring an additional 1,577 shares during the period.

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.

See Also: What is Forex?

Receive News & Ratings for SPDR Portfolio S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.