SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Sees Unusually-High Trading Volume – Still a Buy?

Shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) saw unusually-high trading volume on Friday . Approximately 256,245 shares changed hands during mid-day trading, an increase of 22% from the previous session’s volume of 210,043 shares.The stock last traded at $86.01 and had previously closed at $85.32.

SPDR S&P 600 Small CapValue ETF Stock Performance

The stock has a 50 day moving average of $85.58 and a two-hundred day moving average of $82.45. The firm has a market capitalization of $4.08 billion, a P/E ratio of 12.27 and a beta of 1.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Northwest Investment Counselors LLC acquired a new stake in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at approximately $31,000. Capital Performance Advisors LLP acquired a new stake in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at approximately $34,000. MFA Wealth Advisors LLC acquired a new stake in SPDR S&P 600 Small CapValue ETF in the 2nd quarter valued at approximately $32,000. Finally, Assetmark Inc. grew its holdings in SPDR S&P 600 Small CapValue ETF by 87.5% in the 3rd quarter. Assetmark Inc. now owns 690 shares of the company’s stock valued at $60,000 after buying an additional 322 shares during the last quarter.

SPDR S&P 600 Small CapValue ETF Company 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.