Root Financial Partners LLC Takes $647,000 Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Root Financial Partners LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,297 shares of the company’s stock, valued at approximately $647,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SLYV. Courage Miller Partners LLC raised its stake in shares of SPDR S&P 600 Small Cap Value ETF by 11.0% during the 2nd quarter. Courage Miller Partners LLC now owns 18,267 shares of the company’s stock worth $1,457,000 after purchasing an additional 1,803 shares during the period. FAS Wealth Partners Inc. increased its holdings in SPDR S&P 600 Small Cap Value ETF by 5.1% during the third quarter. FAS Wealth Partners Inc. now owns 169,137 shares of the company’s stock worth $14,994,000 after buying an additional 8,246 shares during the last quarter. Carter Financial Group INC. bought a new stake in SPDR S&P 600 Small Cap Value ETF in the second quarter worth about $918,000. Geneos Wealth Management Inc. boosted its stake in SPDR S&P 600 Small Cap Value ETF by 25.4% in the second quarter. Geneos Wealth Management Inc. now owns 110,056 shares of the company’s stock valued at $8,778,000 after acquiring an additional 22,259 shares during the last quarter. Finally, Kendall Capital Management purchased a new position in SPDR S&P 600 Small Cap Value ETF in the second quarter valued at about $1,117,000.

SPDR S&P 600 Small Cap Value ETF Stock Down 0.4%

SPDR S&P 600 Small Cap Value ETF stock opened at $97.56 on Tuesday. The firm has a 50 day moving average price of $91.98 and a 200-day moving average price of $88.37. SPDR S&P 600 Small Cap Value ETF has a twelve month low of $65.96 and a twelve month high of $98.20. The company has a market capitalization of $4.40 billion, a P/E ratio of 14.20 and a beta of 1.08.

About SPDR S&P 600 Small Cap Value ETF

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. In seeking to track the performance of the S&P Small Cap 600 Value Index (the Index), the Fund employs a replication strategy. The Index measures the performance of the small-capitalization value sector in the United States equity market.