UBS Group AG Cuts Stock Position in SPDR S&P 600 Small Cap Value ETF $SLYV

UBS Group AG cut its holdings in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 12.6% during the fourth quarter, Holdings Channel reports. The firm owned 150,823 shares of the company’s stock after selling 21,733 shares during the quarter. UBS Group AG’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $13,720,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SLYV. Morningstar Investment Management LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the third quarter worth about $35,515,000. Dean Jacobson Financial Services LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the third quarter worth $24,536,000. Bank of America Corp DE increased its position in shares of 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 acquiring an additional 97,895 shares during the period. Creative Planning increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 25.2% during the third quarter. Creative Planning now owns 476,621 shares of the company’s stock worth $42,252,000 after acquiring an additional 95,972 shares during the period. Finally, Arnold Financial Planning LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter worth $6,829,000.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.7%

SPDR S&P 600 Small Cap Value ETF stock opened at $101.69 on Friday. SPDR S&P 600 Small Cap Value ETF has a twelve month low of $74.95 and a twelve month high of $104.37. The stock’s fifty day simple moving average is $97.91 and its 200-day simple moving average is $95.33. The firm has a market capitalization of $4.52 billion, a P/E ratio of 14.20 and a beta of 1.01.

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. 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.