Perennial Investment Advisors LLC Trims Holdings in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Perennial Investment Advisors LLC reduced its stake in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 48.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,287 shares of the company’s stock after selling 49,101 shares during the quarter. Perennial Investment Advisors LLC owned approximately 0.11% of SPDR S&P 600 Small CapValue ETF worth $4,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hilltop Holdings Inc. increased its holdings in shares of SPDR S&P 600 Small CapValue ETF by 2.5% during the 3rd quarter. Hilltop Holdings Inc. now owns 5,807 shares of the company’s stock worth $504,000 after buying an additional 142 shares during the last quarter. HighTower Advisors LLC increased its stake in SPDR S&P 600 Small CapValue ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 133,184 shares of the company’s stock worth $11,561,000 after acquiring an additional 3,154 shares during the last quarter. Morse Asset Management Inc purchased a new stake in SPDR S&P 600 Small CapValue ETF in the third quarter valued at $104,000. Stifel Financial Corp lifted its stake in shares of SPDR S&P 600 Small CapValue ETF by 2.3% in the 3rd quarter. Stifel Financial Corp now owns 4,887 shares of the company’s stock valued at $424,000 after purchasing an additional 111 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of SPDR S&P 600 Small CapValue ETF by 353.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 7,149 shares of the company’s stock worth $621,000 after purchasing an additional 5,572 shares during the period.

SPDR S&P 600 Small CapValue ETF Trading Down 4.4 %

Shares of SLYV opened at $70.45 on Friday. The company’s 50-day moving average price is $83.23 and its 200 day moving average price is $86.85. SPDR S&P 600 Small CapValue ETF has a 12-month low of $68.62 and a 12-month high of $96.14. The firm has a market cap of $3.36 billion, a P/E ratio of 13.04 and a beta of 1.18.

SPDR S&P 600 Small CapValue ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.3599 dividend. The ex-dividend date was Monday, March 24th.

About SPDR S&P 600 Small CapValue 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.