SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sets New 52-Week High – Time to Buy?

Shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $110.81 and last traded at $110.81, with a volume of 24113 shares traded. The stock had previously closed at $110.21.

SPDR S&P 600 Small Cap Value ETF Trading Up 1.5%

The stock has a 50-day moving average price of $107.27 and a 200 day moving average price of $101.60. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

Institutional investors have recently bought and sold shares of the business. Glenmede Trust Co. NA purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 4th quarter valued at approximately $32,000. Sunbelt Securities Inc. grew its stake in SPDR S&P 600 Small Cap Value ETF by 369.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock valued at $32,000 after acquiring an additional 288 shares during the period. Abound Financial LLC acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the 4th quarter valued at $35,000. Finally, Park National Corp OH acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the 1st quarter valued at $39,000.

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.