Financial Advocates Investment Management Has $4.50 Million Stock Holdings in SPDR S&P 600 Small Cap Value ETF $SLYV

Financial Advocates Investment Management raised its stake in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 22.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,427 shares of the company’s stock after purchasing an additional 10,508 shares during the period. Financial Advocates Investment Management’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $4,501,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLYV. Ameriflex Group Inc. acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 2nd quarter valued at about $38,000. TD Private Client Wealth LLC bought a new position in SPDR S&P 600 Small Cap Value ETF in the second quarter worth approximately $40,000. Smartleaf Asset Management LLC grew its stake in SPDR S&P 600 Small Cap Value ETF by 431.5% in the first quarter. Smartleaf Asset Management LLC now owns 659 shares of the company’s stock valued at $51,000 after acquiring an additional 535 shares during the period. Cranbrook Wealth Management LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the second quarter valued at approximately $64,000. Finally, GSB Wealth Management LLC increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 97.9% during the second quarter. GSB Wealth Management LLC now owns 2,054 shares of the company’s stock valued at $164,000 after acquiring an additional 1,016 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Trading Up 1.3%

SLYV opened at $87.87 on Tuesday. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $65.96 and a 1-year high of $96.14. The company has a market cap of $4.03 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08. The company’s fifty day moving average price is $88.45 and its two-hundred day moving average price is $84.27.

SPDR S&P 600 Small Cap Value ETF Company Profile

SPDR S&P 600 Small Cap Value ETF, formerly SPDR Dow Jones Small Cap Value ETF, focuses to provide investment results, which correspond to the total return performance of an index, which tracks the performance of small capitalization exchange traded the United States equity securities exhibiting value characteristics.