SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 3,049 shares, a decline of 35.9% from the August 31st total of 4,760 shares. Based on an average trading volume of 2,716 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the company’s stock are short sold.
SPDR SSGA US Small Cap Low Volatility Index ETF Stock Up 1.2%
Shares of SMLV traded up $1.79 during trading hours on Friday, reaching $152.75. The company’s stock had a trading volume of 423 shares, compared to its average volume of 4,049. The company has a 50 day moving average of $157.61 and a two-hundred day moving average of $151.41. The firm has a market cap of $247.46 million, a price-to-earnings ratio of 15.79 and a beta of 0.78. SPDR SSGA US Small Cap Low Volatility Index ETF has a 1-year low of $124.22 and a 1-year high of $163.75.
Institutional Inflows and Outflows
A hedge fund recently raised its position in SPDR SSGA US Small Cap Low Volatility Index ETF stock. AdvisorNet Financial Inc raised its position in SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV – Free Report) by 517.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,395 shares of the company’s stock after purchasing an additional 2,007 shares during the quarter. AdvisorNet Financial Inc owned approximately 0.16% of SPDR SSGA US Small Cap Low Volatility Index ETF worth $328,000 at the end of the most recent quarter.
SPDR SSGA US Small Cap Low Volatility Index ETF Company Profile
The SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) is an exchange-traded fund that is based on the SSGA US Small Cap Low Volatility index. The fund tracks an index of US small-cap stocks selected and weighted by low volatility and other factors. SMLV was launched on Feb 20, 2013 and is managed by State Street.
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