ETF Spotlight on the SPDR S&P 500 Value ETF (NYSEArca: SPYV), part of an ongoing series.

Assets: $185.2 million

Objective: The SPDR S&P 500 Value ETF tries to reflect the performance of the S&P 500 Value Index, which is comprised of large-cap stocks taken from the S&P 500 index that exhibit the strongest value characteristics.

Holdings: Top holdings include Exxon Mobil (NYSE: XOM) 5.3%, General Electric (NYSE: GE) 3.3%, Chevron (NYSE: CVX) 2.9%, Wells Fargo (NYSE: WFC) 2.9% and Berkshire Hathaway Class B (NYSE: BRK-B)2.8%.

What You Should Know:

  • State Street Global Advisors sponsors the fund.
  • SPYV has a 0.20% expense ratio.
  • The ETF has 339 holdings and the top ten make up 27.4% of the overall portfolio.
  • Sector allocations include financials 23.4%, energy 15.4%, consumer staples 11.1%, health care 10.5%, information technology 9.7%, industrials 9.4%, consumer discretionary 7.1%, utilities 6.2%, telecom services 3.7% and materials 3.5%.
  • SPYV has a 2.06% 12-month yield.
  • The fund is up 2.0% over the past month, up 3.1% year-to-date and up 20.4% over the past year.
  • The ETF is trading 5.9% above its 200-day exponential moving average.
  • The ETF tracks stocks based on book value to price ratio, earnings to price ratio and sales to price ratio.
  • Due to its value tilt, SPYV has a heavier tilt toward financials, energy and consumer staples stocks, compared to the S&P 500 Index.
  • Additionally, SPYV underweights information technology and consumer discretionary names.
  • SPYV’s stock portfolio has a lower 14.8 P/E ratio, compared to the S&P 500 Index’s 16.6 P/E ratio.

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