SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Shares Acquired by Meritage Portfolio Management

Meritage Portfolio Management lifted its position in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 2.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,189 shares of the company’s stock after purchasing an additional 541 shares during the period. Meritage Portfolio Management’s holdings in SPDR S&P 600 Small CapValue ETF were worth $2,182,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. increased its holdings in SPDR S&P 600 Small CapValue ETF by 41.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,302,442 shares of the company’s stock valued at $94,346,000 after purchasing an additional 383,206 shares in the last quarter. Financial Enhancement Group LLC acquired a new stake in SPDR S&P 600 Small CapValue ETF in the 4th quarter valued at $17,235,000. TIAA Trust National Association purchased a new position in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at about $10,355,000. Charles Schwab Investment Management Inc. purchased a new position in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at about $8,160,000. Finally, Alps Advisors Inc. purchased a new position in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at about $5,549,000.

SPDR S&P 600 Small CapValue ETF Trading Down 1.0 %

NYSEARCA:SLYV traded down $0.82 on Thursday, reaching $78.10. The stock had a trading volume of 129,386 shares, compared to its average volume of 270,811. The company has a 50-day moving average of $80.00 and a 200 day moving average of $77.63. The stock has a market cap of $3.77 billion, a P/E ratio of 11.59 and a beta of 1.25. SPDR S&P 600 Small CapValue ETF has a 12-month low of $66.47 and a 12-month high of $84.94.

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.