SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Reaches New 52-Week High – What’s Next?

SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) hit a new 52-week high on Wednesday . The company traded as high as $92.60 and last traded at $92.59, with a volume of 11865 shares. The stock had previously closed at $87.82.

SPDR S&P 600 Small CapValue ETF Stock Up 0.4 %

The stock’s 50-day moving average price is $86.02 and its 200-day moving average price is $82.89. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 12.27 and a beta of 1.17.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SLYV. Avior Wealth Management LLC raised its position in shares of SPDR S&P 600 Small CapValue ETF by 4.1% during the third quarter. Avior Wealth Management LLC now owns 368,655 shares of the company’s stock worth $31,998,000 after acquiring an additional 14,527 shares during the last quarter. BIP Wealth LLC raised its holdings in SPDR S&P 600 Small CapValue ETF by 16.2% during the 3rd quarter. BIP Wealth LLC now owns 101,832 shares of the company’s stock worth $8,841,000 after purchasing an additional 14,212 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in SPDR S&P 600 Small CapValue ETF during the 3rd quarter valued at about $1,040,000. MB Generational Wealth LLC bought a new position in shares of SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at about $558,000. Finally, TrinityPoint Wealth LLC grew its position in shares of SPDR S&P 600 Small CapValue ETF by 2.4% during the 3rd quarter. TrinityPoint Wealth LLC now owns 9,288 shares of the company’s stock worth $806,000 after buying an additional 217 shares during the period.

SPDR S&P 600 Small CapValue 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.