SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Hits New 52-Week High – Here’s What Happened

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $104.42 and last traded at $104.41, with a volume of 8595 shares changing hands. The stock had previously closed at $103.36.

SPDR S&P 600 Small Cap Value ETF Stock Performance

The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 14.20 and a beta of 1.01. The business’s 50 day moving average price is $99.27 and its 200-day moving average price is $96.20.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

Institutional investors have recently modified their holdings of the stock. Ground Swell Capital LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter valued at approximately $505,000. Altfest L J & Co. Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 63.6% in the fourth quarter. Altfest L J & Co. Inc. now owns 23,586 shares of the company’s stock valued at $2,146,000 after acquiring an additional 9,166 shares in the last quarter. Royce & Associates LP bought a new position in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter valued at approximately $2,472,000. CarsonAllaria Wealth Management Ltd. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 122,319 shares of the company’s stock valued at $11,127,000 after acquiring an additional 5,223 shares in the last quarter. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at approximately $4,633,000.

SPDR S&P 600 Small Cap Value ETF Company 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.