SPDR S&P 600 Small Cap ETF (NYSEARCA:SLY) Stock Price Down 0.6% – Should You Sell?

SPDR S&P 600 Small Cap ETF (NYSEARCA:SLY)’s share price dropped 0.6% during trading on Monday . The company traded as low as $85.09 and last traded at $85.46. Approximately 67,300 shares traded hands during trading, a decline of 40% from the average daily volume of 112,244 shares. The stock had previously closed at $85.99.

SPDR S&P 600 Small Cap ETF Stock Performance

The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 10.31 and a beta of 1.15. The firm has a 50-day simple moving average of $85.46 and a two-hundred day simple moving average of $85.46.

SPDR S&P 600 Small Cap ETF Company Profile

SPDR S&P 600 Small Cap ETF seeks to closely match the returns and characteristics of the S&P Small Cap 600 Index. The S&P SmallCap 600 Index measures the performance of the small-capitalization sector in the United States equity market. The selection universe for the Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion.