Commonwealth Equity Services LLC Cuts Stake in SPDR S&P 600 Small Cap Value ETF $SLYV

Commonwealth Equity Services LLC lowered its stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 4.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 196,821 shares of the company’s stock after selling 9,256 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $17,448,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Symphony Financial Ltd. Co. grew its stake in SPDR S&P 600 Small Cap Value ETF by 1,467.7% during the second quarter. Symphony Financial Ltd. Co. now owns 585,013 shares of the company’s stock valued at $46,953,000 after acquiring an additional 547,696 shares in the last quarter. CWM LLC lifted its stake in SPDR S&P 600 Small Cap Value ETF by 166.5% in the 2nd quarter. CWM LLC now owns 147,768 shares of the company’s stock worth $11,786,000 after purchasing an additional 92,329 shares in the last quarter. Midwest Trust Co bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 2nd quarter valued at about $6,056,000. Corient Private Wealth LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 84.7% during the second quarter. Corient Private Wealth LLC now owns 120,666 shares of the company’s stock valued at $9,624,000 after purchasing an additional 55,332 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 277.0% in the second quarter. Farther Finance Advisors LLC now owns 69,589 shares of the company’s stock worth $5,550,000 after purchasing an additional 51,131 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.8%

NYSEARCA:SLYV opened at $96.35 on Friday. The business’s 50-day moving average is $90.95 and its 200 day moving average is $87.58. SPDR S&P 600 Small Cap Value ETF has a 12 month low of $65.96 and a 12 month high of $96.47. The company has a market capitalization of $4.32 billion, a P/E ratio of 14.20 and a beta of 1.08.

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.