Independent Financial Group LLC Invests $704,000 in SPDR S&P 600 Small Cap Value ETF $SLYV

Independent Financial Group LLC acquired a new stake in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,444 shares of the company’s stock, valued at approximately $704,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SLYV. Freedom Investment Management Inc. boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 1.0% during the 4th quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock valued at $916,000 after acquiring an additional 100 shares during the period. UMB Bank n.a. increased its stake in SPDR S&P 600 Small Cap Value ETF by 26.0% during the fourth quarter. UMB Bank n.a. now owns 494 shares of the company’s stock worth $45,000 after purchasing an additional 102 shares during the period. CoreCap Advisors LLC lifted its position in shares of 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 purchasing an additional 105 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in shares of 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 purchasing an additional 110 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of SPDR S&P 600 Small Cap Value ETF by 4.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,631 shares of the company’s stock worth $239,000 after purchasing an additional 117 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Performance

NYSEARCA SLYV opened at $109.56 on Wednesday. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99. The firm has a 50 day simple moving average of $105.98 and a 200-day simple moving average of $100.67. SPDR S&P 600 Small Cap Value ETF has a one year low of $78.56 and a one year high of $110.53.

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.