SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Strong Trading Volume – Here’s What Happened

Shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) 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 Price Performance

The firm has a market cap of $4.42 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08. The company has a fifty day moving average price of $96.31 and a two-hundred day moving average price of $91.17.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Jacobs Equity LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at about $431,000. Mercer Global Advisors Inc. ADV boosted its stake in SPDR S&P 600 Small Cap Value ETF by 3.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 66,490 shares of the company’s stock valued at $6,049,000 after purchasing an additional 2,464 shares during the period. FAS Wealth Partners Inc. grew its holdings in SPDR S&P 600 Small Cap Value ETF by 3.3% in the 4th quarter. FAS Wealth Partners Inc. now owns 174,641 shares of the company’s stock valued at $15,887,000 after buying an additional 5,504 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the 4th quarter valued at approximately $1,679,000. Finally, NewEdge Advisors LLC increased its position in SPDR S&P 600 Small Cap Value ETF by 3.6% in the 4th quarter. NewEdge Advisors LLC now owns 13,441 shares of the company’s stock worth $1,223,000 after buying an additional 466 shares during the period.

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.