Foundation Wealth Management LLC PA Trims Stock Position in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)

Foundation Wealth Management LLC PA trimmed its holdings in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 0.9% in the first quarter, HoldingsChannel reports. The firm owned 32,121 shares of the company’s stock after selling 308 shares during the period. SPDR S&P 600 Small Cap Value ETF makes up about 1.2% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 28th biggest holding. Foundation Wealth Management LLC PA’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $2,518,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SLYV. NorthRock Partners LLC increased its position in SPDR S&P 600 Small Cap Value ETF by 174.6% during the 4th quarter. NorthRock Partners LLC now owns 739,816 shares of the company’s stock worth $64,549,000 after purchasing an additional 470,439 shares in the last quarter. Fragasso Financial Advisors Inc grew its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 414.1% during the first quarter. Fragasso Financial Advisors Inc now owns 288,102 shares of the company’s stock worth $22,587,000 after buying an additional 232,067 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at approximately $12,346,000. Confluence Investment Management LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF during the first quarter valued at approximately $6,868,000. Finally, Redwood Investment Management LLC boosted its position in SPDR S&P 600 Small Cap Value ETF by 91.2% during the fourth quarter. Redwood Investment Management LLC now owns 158,179 shares of the company’s stock worth $13,801,000 after acquiring an additional 75,457 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Performance

SLYV stock opened at $78.68 on Tuesday. The company has a 50 day moving average price of $76.18 and a two-hundred day moving average price of $81.38. The stock has a market capitalization of $3.66 billion, a P/E ratio of 14.12 and a beta of 1.07. SPDR S&P 600 Small Cap Value ETF has a one year low of $65.96 and a one year high of $96.14.

SPDR S&P 600 Small Cap Value ETF 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.