SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 212,056 shares, an increase of 124.4% from the April 15th total of 94,491 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 353,425 shares, the short-interest ratio is currently 0.6 days.
SPDR S&P 600 Small Cap Value ETF Stock Performance
Shares of SLYV stock traded down $1.43 on Friday, reaching $100.26. The stock had a trading volume of 132,625 shares, compared to its average volume of 268,240. The stock has a market cap of $4.46 billion, a P/E ratio of 14.20 and a beta of 1.01. SPDR S&P 600 Small Cap Value ETF has a 1 year low of $74.95 and a 1 year high of $104.37. The company has a 50 day simple moving average of $97.95 and a 200 day simple moving average of $95.40.
Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 2.6% in the 4th quarter. LPL Financial LLC now owns 5,653,562 shares of the company’s stock worth $514,305,000 after acquiring an additional 141,113 shares in the last quarter. Bank of America Corp DE increased its stake in SPDR S&P 600 Small Cap Value ETF by 4.5% in the 3rd quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock worth $201,502,000 after buying an additional 97,895 shares in the last quarter. Cannon Financial Strategists Inc. increased its stake in SPDR S&P 600 Small Cap Value ETF by 0.8% in the 4th quarter. Cannon Financial Strategists Inc. now owns 1,001,946 shares of the company’s stock worth $91,147,000 after buying an additional 7,803 shares in the last quarter. Ameriprise Financial Inc. increased its stake in SPDR S&P 600 Small Cap Value ETF by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock worth $61,476,000 after buying an additional 20,476 shares in the last quarter. Finally, Creative Planning increased its stake in SPDR S&P 600 Small Cap Value ETF by 25.2% in the 3rd quarter. Creative Planning now owns 476,621 shares of the company’s stock worth $42,252,000 after buying an additional 95,972 shares in the last quarter.
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.
Featured Articles
- Five stocks we like better than SPDR S&P 600 Small Cap Value ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for SPDR S&P 600 Small Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 600 Small Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
