SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Strong Trading Volume – Should You Buy?

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) shares saw unusually-strong trading volume on Monday . Approximately 628,185 shares traded hands during mid-day trading, an increase of 159% from the previous session’s volume of 242,471 shares.The stock last traded at $97.7760 and had previously closed at $100.61.

SPDR S&P 600 Small Cap Value ETF Stock Down 2.5%

The stock has a market cap of $4.42 billion, a PE ratio of 14.20 and a beta of 1.08. The firm has a fifty day moving average of $96.31 and a 200 day moving average of $91.17.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of SLYV. AQR Capital Management LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at $918,000. NewEdge Advisors LLC boosted its position in shares of SPDR S&P 600 Small Cap Value ETF by 218.8% during the 1st quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock valued at $327,000 after purchasing an additional 2,862 shares in the last quarter. First National Trust Co boosted its position in shares of SPDR S&P 600 Small Cap Value ETF by 4.8% during the 2nd quarter. First National Trust Co now owns 198,055 shares of the company’s stock valued at $15,797,000 after purchasing an additional 9,004 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of SPDR S&P 600 Small Cap Value ETF by 8.2% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 8,921 shares of the company’s stock worth $712,000 after purchasing an additional 674 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 514.3% in the 2nd quarter. Assetmark Inc. now owns 20,271 shares of the company’s stock worth $1,617,000 after purchasing an additional 16,971 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Company 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.