Morningstar Investment Management LLC Cuts Stock Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Morningstar Investment Management LLC cut its stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 33.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 255,802 shares of the company’s stock after selling 130,619 shares during the period. SPDR S&P 600 Small Cap Value ETF comprises about 1.5% of Morningstar Investment Management LLC’s holdings, making the stock its 12th biggest holding. Morningstar Investment Management LLC owned 0.58% of SPDR S&P 600 Small Cap Value ETF worth $24,194,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. AQR Capital Management LLC purchased a new position in SPDR S&P 600 Small Cap Value ETF in the 1st quarter valued at about $918,000. NewEdge Advisors LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 218.8% in the 1st quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock worth $327,000 after buying an additional 2,862 shares during the last quarter. JPMorgan Chase & Co. increased its stake in SPDR S&P 600 Small Cap Value ETF by 14.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,253 shares of the company’s stock worth $1,217,000 after buying an additional 1,908 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the 2nd quarter worth approximately $328,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF during the second quarter valued at approximately $240,000.

SPDR S&P 600 Small Cap Value ETF Price Performance

NYSEARCA SLYV opened at $108.39 on Friday. The company has a market cap of $4.89 billion, a PE ratio of 14.20 and a beta of 0.99. The stock’s 50 day simple moving average is $106.44 and its 200-day simple moving average is $100.97. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $78.56 and a 1-year high of $110.53.

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.