SPYV Stock Summary and Trading Ideas (SPDR Series Trust SPDR Portfolio S&P 500 Value ETF | ARCA:SPYV)

The SPDR Portfolio S&P 500 Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Value Index (the "Index"). The S&P 500 Value Index measures the performance of the large-capitalization value segment in the U.S. equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on: (i) book value to price ratio; (ii) earnings to price ratio; and (iii) sales to price ratio. The selection universe for the S&P 500 Index includes all U.S-domiciled, as determined by S&P Dow Jones Indices LLC, common equities listed on the NYSE, NYSE Arca, NYSE MKT, NASDAQ Global Select Market, NASDAQ Select Market, NASDAQ Capital Market, Bats BZX, Bats BYX, Bats EDGA, or Bats EDGX with market capitalizations generally of $5.3 billion or more at the time of inclusion. The Index is market capitalization weighted.

SPDR Series Trust SPDR Portfolio S&P 500 Value ETF trades on the ARCA stock market under the symbol SPYV.

As of April 19, 2024, SPYV stock price climbed to $47.84 with 3,003,554 million shares trading.

SPYV has a beta of 0.88, meaning it tends to be less sensitive to market movements. SPYV has a correlation of 0.76 to the broad based SPY ETF.

SPYV has a market cap of $20.58 billion. This is considered a Large Cap stock.

In the last 3 years, SPYV stock traded as high as $50.20 and as low as $34.17.

SPYV stock has underperformed the market in the last year with a return of +18.1%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SPYV shares. However, SPYV has outperformed the market in the last 3 month and 2 week periods, returning +3.7% and -2.8%, while SPY returned +3.0% and -4.5%, respectively. This indicates SPYV has been having a stronger performance recently.

SPYV support price is $47.09 and resistance is $47.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPYV stock will trade within this expected range on the day.