Melone Private Wealth LLC Reduces Stock Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Melone Private Wealth LLC trimmed its holdings in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 65.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,309 shares of the company’s stock after selling 38,486 shares during the period. SPDR S&P 600 Small Cap Value ETF makes up about 0.8% of Melone Private Wealth LLC’s portfolio, making the stock its 28th biggest holding. Melone Private Wealth LLC’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $1,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morningstar Investment Management LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the third quarter worth approximately $35,515,000. Dean Jacobson Financial Services LLC acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the third quarter valued at $24,536,000. Bank of America Corp DE raised its holdings in SPDR S&P 600 Small Cap Value ETF by 4.5% in the third quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock valued at $201,502,000 after acquiring an additional 97,895 shares in the last quarter. Creative Planning boosted its stake in SPDR S&P 600 Small Cap Value ETF by 25.2% during the 3rd quarter. Creative Planning now owns 476,621 shares of the company’s stock valued at $42,252,000 after acquiring an additional 95,972 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in SPDR S&P 600 Small Cap Value ETF by 84.7% during the 2nd quarter. Corient Private Wealth LLC now owns 120,666 shares of the company’s stock valued at $9,624,000 after acquiring an additional 55,332 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of SLYV stock opened at $91.79 on Friday. The firm has a fifty day moving average of $97.45 and a two-hundred day moving average of $92.52. The firm has a market cap of $4.14 billion, a P/E ratio of 14.20 and a beta of 1.08. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $65.96 and a 1-year high of $102.37.

SPDR S&P 600 Small Cap Value ETF Profile

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.