American Financial Advisors LLC cut its stake in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV – Free Report) by 2.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 249,707 shares of the company’s stock after selling 5,931 shares during the period. SPDR S&P 600 Small Cap Value ETF makes up approximately 3.2% of American Financial Advisors LLC’s holdings, making the stock its 12th largest holding. American Financial Advisors LLC’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $23,617,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the first quarter worth $918,000. NewEdge Advisors LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 218.8% in the first quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock valued at $327,000 after buying an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P 600 Small Cap Value ETF by 14.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,253 shares of the company’s stock worth $1,217,000 after buying an additional 1,908 shares during the last quarter. Cresset Asset Management LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 2nd quarter worth $328,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 2nd quarter worth about $240,000.
SPDR S&P 600 Small Cap Value ETF Trading Down 0.2%
Shares of NYSEARCA SLYV opened at $109.29 on Thursday. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $78.56 and a 52 week high of $110.53. The company’s 50-day moving average price is $106.15 and its 200 day moving average price is $100.80.
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.
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