Ritholtz Wealth Management Purchases New Stake in SPDR S&P 600 Small Cap Value ETF $SLYV

Ritholtz Wealth Management purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 64,584 shares of the company’s stock, valued at approximately $6,597,000.

Several other large investors have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC acquired a new position in SPDR S&P 600 Small Cap Value ETF in the third quarter worth $27,000. Versant Capital Management Inc bought a new stake in SPDR S&P 600 Small Cap Value ETF during the third quarter valued at $29,000. Glenmede Trust Co. NA bought a new stake in SPDR S&P 600 Small Cap Value ETF during the first quarter valued at $30,000. Laurel Wealth Advisors LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the third quarter worth $42,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the third quarter worth $49,000.

SPDR S&P 600 Small Cap Value ETF Stock Performance

SPDR S&P 600 Small Cap Value ETF stock opened at $105.97 on Friday. The firm’s 50-day moving average is $105.05 and its 200-day moving average is $103.58. SPDR S&P 600 Small Cap Value ETF has a 1 year low of $83.89 and a 1 year high of $112.40. The company has a market cap of $4.99 billion, a P/E ratio of 14.68 and a beta of 1.03.

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.