Cornerstone Wealth Management LLC Acquires New Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Cornerstone Wealth Management LLC bought a new position in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,390 shares of the company’s stock, valued at approximately $551,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SLYV. Lodestone Wealth Management LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter valued at about $27,000. Versant Capital Management Inc acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at about $29,000. Glenmede Trust Co. NA purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter worth about $30,000. Laurel Wealth Advisors LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter worth about $42,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter worth about $49,000.

SPDR S&P 600 Small Cap Value ETF Stock Up 0.2%

SPDR S&P 600 Small Cap Value ETF stock opened at $106.15 on Friday. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 14.68 and a beta of 1.03. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $83.89 and a 52 week high of $112.40. The business’s 50-day moving average price is $104.99 and its 200 day moving average price is $103.62.

About SPDR S&P 600 Small Cap Value ETF

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.