SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 52-Week High – Here’s What Happened

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $109.21 and last traded at $109.15, with a volume of 257248 shares. The stock had previously closed at $108.20.

SPDR S&P 600 Small Cap Value ETF Stock Performance

The company has a fifty day moving average of $104.01 and a two-hundred day moving average of $98.76. The company has a market cap of $4.85 billion, a PE ratio of 14.20 and a beta of 1.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SLYV. LPL Financial LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 2.6% in the 4th quarter. LPL Financial LLC now owns 5,653,562 shares of the company’s stock worth $514,305,000 after acquiring an additional 141,113 shares during the last quarter. Bank of America Corp DE grew its holdings in SPDR S&P 600 Small Cap Value ETF by 4.5% during the 3rd quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock valued at $201,502,000 after purchasing an additional 97,895 shares during the last quarter. Cannon Financial Strategists Inc. grew its holdings in SPDR S&P 600 Small Cap Value ETF by 0.8% during the 4th quarter. Cannon Financial Strategists Inc. now owns 1,001,946 shares of the company’s stock valued at $91,147,000 after purchasing an additional 7,803 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in SPDR S&P 600 Small Cap Value ETF by 3.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock valued at $61,476,000 after purchasing an additional 20,476 shares during the last quarter. Finally, Creative Planning raised its position in SPDR S&P 600 Small Cap Value ETF by 25.2% in the 3rd quarter. Creative Planning now owns 476,621 shares of the company’s stock worth $42,252,000 after purchasing an additional 95,972 shares during the period.

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.