SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 52-Week High – Still a Buy?

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $99.09 and last traded at $98.6820, with a volume of 262280 shares. The stock had previously closed at $96.00.

SPDR S&P 600 Small Cap Value ETF Trading Up 2.9%

The stock has a fifty day moving average price of $92.09 and a 200 day moving average price of $88.46. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC grew its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% during the 4th quarter. CoreCap Advisors LLC now owns 17,728 shares of the company’s stock worth $1,613,000 after purchasing an additional 105 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in SPDR S&P 600 Small Cap Value ETF by 0.6% in the fourth quarter. Trueblood Wealth Management LLC now owns 19,169 shares of the company’s stock worth $1,744,000 after purchasing an additional 110 shares during the period. Partners in Financial Planning lifted its position in SPDR S&P 600 Small Cap Value ETF by 0.4% in the third quarter. Partners in Financial Planning now owns 31,249 shares of the company’s stock worth $2,770,000 after purchasing an additional 113 shares during the period. Oppenheimer & Co. Inc. boosted its stake in SPDR S&P 600 Small Cap Value ETF by 1.4% during the third quarter. Oppenheimer & Co. Inc. now owns 9,099 shares of the company’s stock worth $807,000 after buying an additional 125 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management increased its holdings in SPDR S&P 600 Small Cap Value ETF by 0.5% in the 2nd quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 26,187 shares of the company’s stock valued at $2,089,000 after buying an additional 126 shares during the period.

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.