SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV – Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 105,729 shares, a decrease of 45.4% from the September 30th total of 193,754 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 220,337 shares, the days-to-cover ratio is presently 0.5 days.
SPDR S&P 600 Small Cap Value ETF Stock Up 1.2%
Shares of NYSEARCA SLYV traded up $1.27 on Monday, reaching $107.22. 244,438 shares of the company’s stock traded hands, compared to its average volume of 236,834. SPDR S&P 600 Small Cap Value ETF has a 12 month low of $83.89 and a 12 month high of $112.40. The business’s 50 day simple moving average is $105.65 and its two-hundred day simple moving average is $103.18. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 14.20 and a beta of 1.02.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Balefire LLC raised its stake in SPDR S&P 600 Small Cap Value ETF by 4.5% during the first quarter. Balefire LLC now owns 2,310 shares of the company’s stock valued at $218,000 after buying an additional 99 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,746 shares of the company’s stock valued at $260,000 after acquiring an additional 115 shares in the last quarter. Center for Financial Planning Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 7.1% during the third quarter. Center for Financial Planning Inc. now owns 2,866 shares of the company’s stock valued at $293,000 after acquiring an additional 189 shares in the last quarter. Prestige Wealth Management Group LLC increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 0.5% during the first quarter. Prestige Wealth Management Group LLC now owns 36,331 shares of the company’s stock valued at $3,436,000 after acquiring an additional 197 shares in the last quarter. Finally, QRG Capital Management Inc. raised its position in shares of SPDR S&P 600 Small Cap Value ETF by 2.5% in the 2nd quarter. QRG Capital Management Inc. now owns 8,428 shares of the company’s stock worth $920,000 after purchasing an additional 203 shares during the last quarter.
SPDR S&P 600 Small Cap Value 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. 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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