Modera Wealth Management LLC Lowers Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Modera Wealth Management LLC trimmed its holdings in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 5.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,966 shares of the company’s stock after selling 5,418 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $8,320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC raised its holdings in SPDR S&P 600 Small Cap Value ETF by 2.6% in the 4th quarter. LPL Financial LLC now owns 5,653,562 shares of the company’s stock valued at $514,305,000 after buying an additional 141,113 shares during the period. Bank of America Corp DE boosted its stake in SPDR S&P 600 Small Cap Value ETF by 4.5% during the third quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock worth $201,502,000 after buying an additional 97,895 shares during the period. Cannon Financial Strategists Inc. increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.8% during the fourth quarter. Cannon Financial Strategists Inc. now owns 1,001,946 shares of the company’s stock valued at $91,147,000 after acquiring an additional 7,803 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 3.0% during the third quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock valued at $61,476,000 after acquiring an additional 20,476 shares during the last quarter. Finally, Creative Planning raised its stake in shares of SPDR S&P 600 Small Cap Value ETF by 25.2% in the 3rd quarter. Creative Planning now owns 476,621 shares of the company’s stock valued at $42,252,000 after acquiring an additional 95,972 shares during the period.

SPDR S&P 600 Small Cap Value ETF Stock Performance

SPDR S&P 600 Small Cap Value ETF stock opened at $109.26 on Friday. The company’s 50 day simple moving average is $105.70 and its 200-day simple moving average is $100.37. SPDR S&P 600 Small Cap Value ETF has a 1 year low of $78.56 and a 1 year high of $110.53. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99.

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.