SPDR S&P 600 Small Cap Value ETF $SLYV Shares Purchased by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. increased its holdings in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,001,946 shares of the company’s stock after purchasing an additional 7,803 shares during the period. SPDR S&P 600 Small Cap Value ETF makes up 12.7% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 2nd biggest position. Cannon Financial Strategists Inc.’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $91,147,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P 600 Small Cap Value ETF in the fourth quarter worth about $32,000. Sunbelt Securities Inc. grew its stake in SPDR S&P 600 Small Cap Value ETF by 369.2% during 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 SPDR S&P 600 Small Cap Value ETF during the third quarter worth about $33,000. International Assets Investment Management LLC bought a new stake in SPDR S&P 600 Small Cap Value ETF during the fourth quarter worth about $45,000. Finally, Copia Wealth Management grew its stake in 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 buying an additional 134 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Performance

Shares of SPDR S&P 600 Small Cap Value ETF stock opened at $103.65 on Monday. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 14.20 and a beta of 1.01. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $74.95 and a 1-year high of $104.37. The firm’s 50-day moving average price is $97.58 and its two-hundred day moving average price is $94.89.

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.