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

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $94.37 and last traded at $93.84, with a volume of 120923 shares. The stock had previously closed at $91.75.

SPDR S&P 600 Small Cap Value ETF Price Performance

The firm has a fifty day moving average of $88.98 and a 200 day moving average of $85.29. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SLYV. Dean Jacobson Financial Services LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter worth about $24,536,000. Vestwell Advisors LLC raised its holdings in SPDR S&P 600 Small Cap Value ETF by 2,504.3% in the 3rd quarter. Vestwell Advisors LLC now owns 7,943 shares of the company’s stock worth $704,000 after purchasing an additional 7,638 shares during the period. Payne Capital Management LLC boosted its position in SPDR S&P 600 Small Cap Value ETF by 15.5% during the third quarter. Payne Capital Management LLC now owns 20,307 shares of the company’s stock worth $1,800,000 after purchasing an additional 2,730 shares in the last quarter. Sunbelt Securities Inc. boosted its position 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 purchasing an additional 288 shares in the last quarter. Finally, Advisory Services Network LLC grew its holdings in SPDR S&P 600 Small Cap Value ETF by 6.1% in the third quarter. Advisory Services Network LLC now owns 10,713 shares of the company’s stock valued at $950,000 after purchasing an additional 615 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.