Root Financial Partners LLC Makes New $696,000 Investment in SPDR S&P 600 Small Cap Value ETF $SLYV

Root Financial Partners LLC purchased a new position in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,816 shares of the company’s stock, valued at approximately $696,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. NorthRock Partners LLC raised its position in SPDR S&P 600 Small Cap Value ETF by 4.5% in the second quarter. NorthRock Partners LLC now owns 834,093 shares of the company’s stock worth $91,008,000 after acquiring an additional 36,181 shares during the period. Goelzer Investment Management Inc. purchased a new position in SPDR S&P 600 Small Cap Value ETF in the third quarter valued at about $32,453,000. Rodgers & Associates LTD bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter valued at approximately $32,344,000. Fragasso Financial Advisors Inc bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter valued at approximately $31,517,000. Finally, Waverly Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 418.4% during the 1st quarter. Waverly Advisors LLC now owns 235,509 shares of the company’s stock valued at $22,274,000 after acquiring an additional 190,080 shares during the period.

SPDR S&P 600 Small Cap Value ETF Stock Down 0.2%

Shares of SLYV stock opened at $104.79 on Friday. The company has a 50 day moving average of $106.11 and a 200-day moving average of $105.66. SPDR S&P 600 Small Cap Value ETF has a 12-month low of $83.89 and a 12-month high of $112.40. The firm has a market cap of $4.79 billion, a P/E ratio of 14.20 and a beta of 1.02.

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.