HighTower Advisors LLC Lowers Position in SPDR S&P 600 Small Cap Value ETF $SLYV

HighTower Advisors LLC decreased its position in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 542,526 shares of the company’s stock after selling 47,907 shares during the period. HighTower Advisors LLC owned about 1.20% of SPDR S&P 600 Small Cap Value ETF worth $49,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SLYV. Bank of America Corp DE lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% in the third quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock valued at $201,502,000 after purchasing an additional 97,895 shares during the period. Cannon Financial Strategists Inc. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 0.8% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,001,946 shares of the company’s stock valued at $91,147,000 after purchasing an additional 7,803 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 3.0% in the third quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock valued at $61,476,000 after purchasing an additional 20,476 shares during the period. Creative Planning lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 25.2% in the third quarter. Creative Planning now owns 476,621 shares of the company’s stock valued at $42,252,000 after purchasing an additional 95,972 shares during the period. Finally, Morningstar Investment Management LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter valued at about $35,515,000.

SPDR S&P 600 Small Cap Value ETF Stock Up 0.5%

Shares of NYSEARCA SLYV opened at $102.45 on Friday. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $74.95 and a 52 week high of $104.37. The firm has a 50-day moving average price of $98.41 and a 200 day moving average price of $95.75. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 14.20 and a beta of 1.01.

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.