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

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) shares reached a new 52-week high during trading on Thursday . The company 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 Trading Down 0.8%

The company has a fifty day moving average price of $105.70 and a two-hundred day moving average price of $100.37. The firm has a market cap of $4.93 billion, a P/E ratio of 14.20 and a beta of 0.99.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

A number of institutional investors have recently modified their holdings of SLYV. Balefire LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% during the 1st quarter. Balefire LLC now owns 2,310 shares of the company’s stock valued at $218,000 after purchasing an additional 99 shares during the last quarter. Freedom Investment Management Inc. grew its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 1.0% in the fourth quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock worth $916,000 after purchasing an additional 100 shares during the last quarter. UMB Bank n.a. increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 26.0% in the fourth quarter. UMB Bank n.a. now owns 494 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the period. CoreCap Advisors LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 0.6% during the 4th quarter. CoreCap Advisors LLC now owns 17,728 shares of the company’s stock valued at $1,613,000 after purchasing an additional 105 shares during the period. Finally, Trueblood Wealth Management LLC increased its stake in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% during the fourth quarter. Trueblood Wealth Management LLC now owns 19,169 shares of the company’s stock valued at $1,744,000 after buying an additional 110 shares during the period.

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.