LPL Financial LLC Boosts Stock Position in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)

LPL Financial LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 238.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,152,916 shares of the company’s stock after acquiring an additional 3,631,170 shares during the period. LPL Financial LLC owned about 10.85% of SPDR S&P 600 Small Cap Value ETF worth $403,989,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of SPDR S&P 600 Small Cap Value ETF by 21.1% during the fourth quarter. JPMorgan Chase & Co. now owns 10,910 shares of the company’s stock worth $952,000 after purchasing an additional 1,901 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in SPDR S&P 600 Small Cap Value ETF by 22.5% during the 4th quarter. Orion Portfolio Solutions LLC now owns 13,484 shares of the company’s stock worth $1,176,000 after buying an additional 2,481 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new position in SPDR S&P 600 Small Cap Value ETF in the 4th quarter valued at approximately $96,000. Partners in Financial Planning acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter worth $2,229,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter worth $1,038,000.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.6%

Shares of NYSEARCA SLYV opened at $83.52 on Monday. The stock has a market cap of $3.82 billion, a P/E ratio of 14.20 and a beta of 1.18. The business’s fifty day simple moving average is $79.96 and its 200-day simple moving average is $80.22. SPDR S&P 600 Small Cap Value ETF has a 12-month low of $65.96 and a 12-month high of $96.14.

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.