HighTower Advisors LLC Trims Stock Position in SPDR S&P 600 Small Cap Value ETF $SLYV

HighTower Advisors LLC lessened its holdings in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 8.1% during the 4th quarter, Holdings Channel reports. The firm owned 542,526 shares of the company’s stock after selling 47,907 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $49,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SLYV. AQR Capital Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at about $918,000. NewEdge Advisors LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 218.8% in the first quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock valued at $327,000 after purchasing an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 14.3% in the second quarter. JPMorgan Chase & Co. now owns 15,253 shares of the company’s stock valued at $1,217,000 after purchasing an additional 1,908 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the second quarter valued at about $328,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the second quarter valued at about $240,000.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of NYSEARCA SLYV opened at $102.45 on Friday. SPDR S&P 600 Small Cap Value ETF has a 12-month low of $74.95 and a 12-month high of $104.37. The company has a market capitalization of $4.55 billion, a PE ratio of 14.20 and a beta of 1.01. The firm’s 50-day moving average is $98.41 and its two-hundred day moving average is $95.75.

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. 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.