SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) is Cannon Financial Strategists Inc.’s 2nd Largest Position

Cannon Financial Strategists Inc. lifted its position in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 922,950 shares of the company’s stock after purchasing an additional 3,493 shares during the quarter. SPDR S&P 600 Small CapValue ETF comprises about 13.8% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 2nd biggest holding. Cannon Financial Strategists Inc.’s holdings in SPDR S&P 600 Small CapValue ETF were worth $80,527,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SLYV. Stifel Financial Corp grew its stake in SPDR S&P 600 Small CapValue ETF by 2.3% during the third quarter. Stifel Financial Corp now owns 4,887 shares of the company’s stock valued at $424,000 after acquiring an additional 111 shares in the last quarter. PrairieView Partners LLC grew its stake in SPDR S&P 600 Small CapValue ETF by 10.9% during the fourth quarter. PrairieView Partners LLC now owns 1,176 shares of the company’s stock valued at $102,000 after acquiring an additional 116 shares in the last quarter. Red Tortoise LLC grew its stake in SPDR S&P 600 Small CapValue ETF by 1.3% during the fourth quarter. Red Tortoise LLC now owns 9,204 shares of the company’s stock valued at $803,000 after acquiring an additional 117 shares in the last quarter. Valmark Advisers Inc. grew its stake in SPDR S&P 600 Small CapValue ETF by 0.8% during the fourth quarter. Valmark Advisers Inc. now owns 15,740 shares of the company’s stock valued at $1,373,000 after acquiring an additional 124 shares in the last quarter. Finally, Willner & Heller LLC grew its stake in SPDR S&P 600 Small CapValue ETF by 3.7% during the fourth quarter. Willner & Heller LLC now owns 3,708 shares of the company’s stock valued at $324,000 after acquiring an additional 134 shares in the last quarter.

SPDR S&P 600 Small CapValue ETF Stock Performance

SLYV opened at $88.04 on Wednesday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 12.27 and a beta of 1.17. The company has a fifty day moving average of $88.51 and a 200 day moving average of $87.53. SPDR S&P 600 Small CapValue ETF has a fifty-two week low of $75.79 and a fifty-two week high of $96.14.

About SPDR S&P 600 Small CapValue 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.