Foundation Wealth Management LLC PA Makes New $1.81 Million Investment in SPDR S&P 600 Small Cap Value ETF $SLYV

Foundation Wealth Management LLC PA acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) during the 3rd quarter, HoldingsChannel reports. The firm acquired 17,770 shares of the company’s stock, valued at approximately $1,815,000.

A number of other hedge funds have also recently bought and sold shares of SLYV. Versant Capital Management Inc bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth $29,000. Glenmede Trust Co. NA purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at about $30,000. Abound Financial LLC bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter valued at about $35,000. Park National Corp OH bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the first quarter valued at about $39,000. Finally, Cornerstone Planning Group LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 2,179.4% during the first quarter. Cornerstone Planning Group LLC now owns 775 shares of the company’s stock worth $80,000 after purchasing an additional 741 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Performance

Shares of SLYV stock opened at $103.43 on Wednesday. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 14.20 and a beta of 1.02. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $83.89 and a 52-week high of $112.40. The company has a 50-day simple moving average of $107.31 and a two-hundred day simple moving average of $105.22.

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.