SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 12-Month High – Here’s Why

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $96.55 and last traded at $95.92, with a volume of 132757 shares trading hands. The stock had previously closed at $96.07.

SPDR S&P 600 Small Cap Value ETF Stock Performance

The business has a 50 day simple moving average of $91.28 and a two-hundred day simple moving average of $87.93. The firm has a market capitalization of $4.30 billion, a P/E ratio of 14.20 and a beta of 1.08.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its holdings in shares of 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 worth $201,502,000 after acquiring an additional 97,895 shares during the last quarter. Cannon Financial Strategists Inc. raised its position in SPDR S&P 600 Small Cap Value ETF by 1.1% during the second quarter. Cannon Financial Strategists Inc. now owns 952,755 shares of the company’s stock valued at $75,992,000 after purchasing an additional 10,593 shares in the last quarter. Goelzer Investment Management Inc. lifted its stake in SPDR S&P 600 Small Cap Value ETF by 3.6% during the second quarter. Goelzer Investment Management Inc. now owns 885,572 shares of the company’s stock worth $70,633,000 after purchasing an additional 31,118 shares during the last quarter. NorthRock Partners LLC lifted its stake in SPDR S&P 600 Small Cap Value ETF by 4.9% during the second quarter. NorthRock Partners LLC now owns 788,734 shares of the company’s stock worth $62,910,000 after purchasing an additional 36,911 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock worth $61,476,000 after purchasing an additional 20,476 shares in the last quarter.

SPDR S&P 600 Small Cap Value 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. 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.