Marotta Asset Management Has $3.38 Million Stock Holdings in SPDR S&P 600 Small Cap Value ETF $SLYV

Marotta Asset Management trimmed its position in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 16.4% during the first quarter, HoldingsChannel.com reports. The fund owned 35,663 shares of the company’s stock after selling 7,003 shares during the period. Marotta Asset Management’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $3,377,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P 600 Small Cap Value ETF during the fourth quarter valued at approximately $32,000. Sunbelt Securities Inc. raised its holdings in SPDR S&P 600 Small Cap Value ETF by 369.2% in the third quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock worth $32,000 after purchasing 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 fourth quarter worth $35,000. Park National Corp OH bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the first quarter worth $39,000. Finally, Brown Brothers Harriman & Co. bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter worth $43,000.

SPDR S&P 600 Small Cap Value ETF Stock Down 0.7%

Shares of SLYV stock opened at $108.06 on Friday. SPDR S&P 600 Small Cap Value ETF has a 12-month low of $78.56 and a 12-month high of $110.05. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99. The firm has a fifty day moving average of $104.59 and a 200-day moving average of $99.24.

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.