SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Hits New 52-Week High – Time to Buy?

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYVGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $110.05 and last traded at $108.86, with a volume of 466903 shares traded. The stock had previously closed at $109.11.

SPDR S&P 600 Small Cap Value ETF Price Performance

The company has a market capitalization of $4.83 billion, a P/E ratio of 14.20 and a beta of 0.99. The business’s 50-day moving average price is $104.46 and its two-hundred day moving average price is $99.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Balefire LLC increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% in the first quarter. Balefire LLC now owns 2,310 shares of the company’s stock worth $218,000 after acquiring an additional 99 shares in the last quarter. Freedom Investment Management Inc. raised its position in shares of SPDR S&P 600 Small Cap Value ETF by 1.0% during the fourth quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock worth $916,000 after purchasing an additional 100 shares during the period. UMB Bank n.a. lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 26.0% during the 4th quarter. UMB Bank n.a. now owns 494 shares of the company’s stock valued at $45,000 after purchasing an additional 102 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% during the 4th quarter. CoreCap Advisors LLC now owns 17,728 shares of the company’s stock valued at $1,613,000 after purchasing an additional 105 shares in the last quarter. Finally, Trueblood Wealth Management LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% in the 4th quarter. Trueblood Wealth Management LLC now owns 19,169 shares of the company’s stock valued at $1,744,000 after purchasing an additional 110 shares during the period.

About SPDR S&P 600 Small Cap Value ETF

(Get Free Report)

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.

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