SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Short Interest Down 25.9% in March

SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,373,606 shares, a decline of 25.9% from the February 26th total of 1,854,680 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,201,496 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Portfolio S&P 500 Value ETF Price Performance

Shares of SPDR Portfolio S&P 500 Value ETF stock traded up $0.05 during midday trading on Monday, hitting $55.64. 3,976,831 shares of the company were exchanged, compared to its average volume of 4,100,820. The firm has a 50 day simple moving average of $58.08 and a 200-day simple moving average of $56.89. SPDR Portfolio S&P 500 Value ETF has a 52 week low of $44.39 and a 52 week high of $59.75. The firm has a market cap of $31.01 billion, a P/E ratio of 20.50 and a beta of 0.89.

Institutional Trading of SPDR Portfolio S&P 500 Value ETF

Several large investors have recently added to or reduced their stakes in the company. Morgan Stanley grew its position in SPDR Portfolio S&P 500 Value ETF by 120.2% during the 4th quarter. Morgan Stanley now owns 19,747,812 shares of the company’s stock worth $1,121,873,000 after acquiring an additional 10,778,683 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 Value ETF in the 3rd quarter valued at about $246,963,000. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 16.1% during the third quarter. Allworth Financial LP now owns 19,313,081 shares of the company’s stock worth $1,068,593,000 after purchasing an additional 2,682,951 shares in the last quarter. Valpey Financial Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5,865.0% during the fourth quarter. Valpey Financial Services LLC now owns 2,133,308 shares of the company’s stock valued at $121,193,000 after purchasing an additional 2,097,544 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 38.5% in the fourth quarter. Royal Bank of Canada now owns 6,004,456 shares of the company’s stock valued at $341,112,000 after purchasing an additional 1,670,152 shares in the last quarter.

SPDR Portfolio S&P 500 Value ETF Company 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.