SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 12-Month High – Here’s Why

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s stock price hit a new 52-week high on Friday . The stock traded as high as $109.21 and last traded at $109.15, with a volume of 257248 shares changing hands. The stock had previously closed at $108.20.

SPDR S&P 600 Small Cap Value ETF Price Performance

The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 14.20 and a beta of 1.00. The business has a fifty day moving average price of $103.82 and a 200 day moving average price of $98.69.

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

Large investors have recently bought and sold shares of the stock. Balefire LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 4.5% in the 1st quarter. Balefire LLC now owns 2,310 shares of the company’s stock valued at $218,000 after purchasing an additional 99 shares during the period. Freedom Investment Management Inc. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 1.0% in the fourth quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock valued at $916,000 after buying an additional 100 shares during the period. UMB Bank n.a. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 26.0% in the fourth quarter. UMB Bank n.a. now owns 494 shares of the company’s stock valued at $45,000 after buying an additional 102 shares during the period. CoreCap Advisors LLC grew its position in SPDR S&P 600 Small Cap Value ETF by 0.6% during the fourth quarter. CoreCap Advisors LLC now owns 17,728 shares of the company’s stock worth $1,613,000 after buying an additional 105 shares in the last quarter. Finally, Trueblood Wealth Management LLC grew its position in SPDR S&P 600 Small Cap Value ETF by 0.6% during the fourth quarter. Trueblood Wealth Management LLC now owns 19,169 shares of the company’s stock worth $1,744,000 after buying an additional 110 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.