SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Hits New 52-Week High – Here’s What Happened

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $96.55 and last traded at $95.92, with a volume of 132757 shares traded. The stock had previously closed at $96.07.

SPDR S&P 600 Small Cap Value ETF Price Performance

The business has a fifty day moving average of $91.64 and a 200 day moving average of $88.06. The stock has a market cap of $4.40 billion, a PE ratio of 14.20 and a beta of 1.08.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Sunbelt Securities Inc. increased its stake in shares of SPDR S&P 600 Small Cap Value ETF by 369.2% in the third quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock worth $32,000 after buying an additional 288 shares during the last quarter. Founders Financial Alliance LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth about $33,000. Ameriflex Group Inc. acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 2nd quarter valued at about $38,000. TD Private Client Wealth LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 2nd quarter valued at about $40,000. Finally, Copia Wealth Management lifted its position in shares of SPDR S&P 600 Small Cap Value ETF by 35.3% during the third quarter. Copia Wealth Management now owns 514 shares of the company’s stock worth $46,000 after purchasing an additional 134 shares during the last quarter.

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.