SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Strong Trading Volume – Still a Buy?

Shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw unusually-high trading volume on Friday . Approximately 580,198 shares were traded during trading, an increase of 154% from the previous session’s volume of 228,380 shares.The stock last traded at $96.3410 and had previously closed at $95.54.

SPDR S&P 600 Small Cap Value ETF Price Performance

The stock’s 50 day simple moving average is $90.79 and its two-hundred day simple moving average is $87.46. The company has a market capitalization of $4.32 billion, a P/E ratio of 14.20 and a beta of 1.08.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Partners in Financial Planning increased its stake in shares of SPDR S&P 600 Small Cap Value ETF by 0.4% in the 3rd quarter. Partners in Financial Planning now owns 31,249 shares of the company’s stock valued at $2,770,000 after buying an additional 113 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of 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 valued at $807,000 after acquiring an additional 125 shares during the period. Keeler & Nadler Financial Planning & Wealth Management boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 0.5% in the second quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 26,187 shares of the company’s stock valued at $2,089,000 after acquiring an additional 126 shares during the last quarter. Altfest L J & Co. Inc. increased its position in SPDR S&P 600 Small Cap Value ETF by 0.9% in the third quarter. Altfest L J & Co. Inc. now owns 14,420 shares of the company’s stock worth $1,278,000 after purchasing an additional 126 shares during the period. Finally, WealthPLAN Partners LLC increased its position in SPDR S&P 600 Small Cap Value ETF by 2.5% in the third quarter. WealthPLAN Partners LLC now owns 5,119 shares of the company’s stock worth $454,000 after purchasing an additional 127 shares during the period.

About SPDR S&P 600 Small Cap Value ETF

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.