SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 12-Month High – Should You Buy?

by · The Cerbat Gem

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $94.37 and last traded at $93.84, with a volume of 120923 shares traded. The stock had previously closed at $91.75.

SPDR S&P 600 Small Cap Value ETF Price Performance

The stock’s 50-day moving average is $89.25 and its 200 day moving average is $85.54. The company has a market cap of $4.30 billion, a PE ratio of 14.20 and a beta of 1.08.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

Institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC raised its stake in SPDR S&P 600 Small Cap Value ETF by 448.2% in the first quarter. HighTower Advisors LLC now owns 729,986 shares of the company’s stock valued at $57,231,000 after buying an additional 596,819 shares during the last quarter. Symphony Financial Ltd. Co. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 1,467.7% during the second quarter. Symphony Financial Ltd. Co. now owns 585,013 shares of the company’s stock valued at $46,953,000 after acquiring an additional 547,696 shares in the last quarter. Morningstar Investment Management LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF during the third quarter valued at about $35,515,000. Dean Jacobson Financial Services LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at approximately $24,536,000. Finally, Bank of America Corp DE boosted 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 purchasing an additional 97,895 shares in 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.

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