SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 12-Month High – What’s Next?

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $104.12 and last traded at $103.87, with a volume of 28731 shares. The stock had previously closed at $103.25.

SPDR S&P 600 Small Cap Value ETF Stock Up 0.5%

The business’s 50-day moving average price is $97.58 and its 200-day moving average price is $94.89. The firm has a market capitalization of $4.61 billion, a PE ratio of 14.20 and a beta of 1.01.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SLYV. Balefire LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% during the 1st quarter. Balefire LLC now owns 2,310 shares of the company’s stock valued at $218,000 after buying an additional 99 shares during the last quarter. Freedom Investment Management Inc. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 1.0% in the 4th quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock valued at $916,000 after purchasing an additional 100 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 26.0% in the 4th quarter. UMB Bank n.a. now owns 494 shares of the company’s stock valued at $45,000 after purchasing an additional 102 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 0.6% in 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. Finally, Trueblood Wealth Management LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 0.6% in 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.

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.