SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Hits New 12-Month High – Should You Buy?

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYVGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $110.37 and last traded at $110.23, with a volume of 24467 shares trading hands. The stock had previously closed at $108.66.

SPDR S&P 600 Small Cap Value ETF Stock Performance

The firm has a fifty day simple moving average of $105.45 and a 200 day simple moving average of $100.18. The company has a market capitalization of $4.98 billion, a PE ratio of 14.20 and a beta of 0.99.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Value ETF

Several institutional investors have recently bought and sold shares of the business. Glenmede Trust Co. NA purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 1st quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at about $32,000. Sunbelt Securities Inc. raised its holdings in SPDR S&P 600 Small Cap Value ETF by 369.2% in 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. Abound Financial LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 4th quarter worth approximately $35,000. Finally, Park National Corp OH purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the first quarter valued at approximately $39,000.

SPDR S&P 600 Small Cap Value ETF Company Profile

(Get Free Report)

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.

Further Reading

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