SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Reaches New 52-Week High – Here’s Why

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYVGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $106.58 and last traded at $106.56, with a volume of 134410 shares. The stock had previously closed at $104.68.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.4%

The company’s 50-day moving average price is $101.06 and its two-hundred day moving average price is $97.12. The company has a market cap of $4.67 billion, a P/E ratio of 14.20 and a beta of 1.00.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of SLYV. Morningstar Investment Management LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth about $35,515,000. Dean Jacobson Financial Services LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth about $24,536,000. OpenArc Corporate Advisory LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 4th quarter worth about $23,409,000. WCG Wealth Advisors LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 180.6% in the 4th quarter. WCG Wealth Advisors LLC now owns 370,199 shares of the company’s stock worth $33,678,000 after purchasing an additional 238,253 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 418.4% in the 1st quarter. Waverly Advisors LLC now owns 235,509 shares of the company’s stock worth $22,274,000 after purchasing an additional 190,080 shares during the last quarter.

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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