Meritage Portfolio Management Has $1.23 Million Stake in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Meritage Portfolio Management reduced its position in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 42.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,193 shares of the company’s stock after selling 10,459 shares during the period. Meritage Portfolio Management’s holdings in SPDR S&P 600 Small CapValue ETF were worth $1,232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SLYV. Northwest Investment Counselors LLC bought a new position in SPDR S&P 600 Small CapValue ETF in the third quarter valued at $31,000. MFA Wealth Advisors LLC bought a new position in shares of SPDR S&P 600 Small CapValue ETF in the 2nd quarter valued at about $32,000. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P 600 Small CapValue ETF in the third quarter valued at about $34,000. Finally, Bessemer Group Inc. bought a new stake in SPDR S&P 600 Small CapValue ETF during the first quarter worth about $59,000.

SPDR S&P 600 Small CapValue ETF Stock Performance

Shares of NYSEARCA SLYV opened at $92.92 on Monday. The stock has a 50 day moving average price of $86.02 and a 200 day moving average price of $82.91. The stock has a market capitalization of $4.43 billion, a PE ratio of 12.27 and a beta of 1.17. SPDR S&P 600 Small CapValue ETF has a 52 week low of $69.14 and a 52 week high of $93.47.

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.