Financial Guidance Group Inc. Lowers Stake in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Financial Guidance Group Inc. cut its position in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 25.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,818 shares of the company’s stock after selling 16,342 shares during the quarter. SPDR S&P 600 Small CapValue ETF makes up 2.3% of Financial Guidance Group Inc.’s investment portfolio, making the stock its 12th largest position. Financial Guidance Group Inc.’s holdings in SPDR S&P 600 Small CapValue ETF were worth $3,666,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SLYV. FinTrust Capital Advisors LLC acquired a new stake in shares of SPDR S&P 600 Small CapValue ETF in the fourth quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new position in SPDR S&P 600 Small CapValue ETF during the first quarter valued at approximately $29,000. MFA Wealth Advisors LLC acquired a new position in SPDR S&P 600 Small CapValue ETF during the second quarter valued at approximately $32,000. Sound Income Strategies LLC acquired a new position in SPDR S&P 600 Small CapValue ETF during the first quarter valued at approximately $38,000. Finally, Assetmark Inc. lifted its position in SPDR S&P 600 Small CapValue ETF by 827.9% during the fourth quarter. Assetmark Inc. now owns 566 shares of the company’s stock valued at $47,000 after buying an additional 505 shares in the last quarter.

SPDR S&P 600 Small CapValue ETF Price Performance

SLYV stock traded up $2.68 during midday trading on Friday, reaching $86.37. 172,274 shares of the company’s stock traded hands, compared to its average volume of 227,311. The company has a market capitalization of $4.12 billion, a P/E ratio of 12.27 and a beta of 1.17. SPDR S&P 600 Small CapValue ETF has a fifty-two week low of $66.47 and a fifty-two week high of $89.45. The business has a 50-day moving average price of $81.65 and a two-hundred day moving average price of $80.57.

SPDR S&P 600 Small CapValue ETF 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.