Salomon & Ludwin LLC Buys New Position in SPDR S&P 600 Small Cap Value ETF $SLYV

Salomon & Ludwin LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 49,706 shares of the company’s stock, valued at approximately $5,077,000. Salomon & Ludwin LLC owned about 0.11% of SPDR S&P 600 Small Cap Value ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Balefire LLC increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% during the 1st quarter. Balefire LLC now owns 2,310 shares of the company’s stock worth $218,000 after acquiring an additional 99 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in 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 worth $260,000 after purchasing an additional 115 shares during the period. Center for Financial Planning Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 7.1% in the third quarter. Center for Financial Planning Inc. now owns 2,866 shares of the company’s stock valued at $293,000 after purchasing an additional 189 shares during 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% in the first quarter. Prestige Wealth Management Group LLC now owns 36,331 shares of the company’s stock valued at $3,436,000 after purchasing an additional 197 shares during the last quarter. Finally, QRG Capital Management Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 2.5% in the second quarter. QRG Capital Management Inc. now owns 8,428 shares of the company’s stock valued at $920,000 after purchasing an additional 203 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Performance

SLYV opened at $105.95 on Monday. The stock has a fifty day moving average of $105.65 and a 200-day moving average of $103.18. SPDR S&P 600 Small Cap Value ETF has a fifty-two week low of $83.89 and a fifty-two week high of $112.40. The company has a market capitalization of $4.85 billion, a P/E ratio of 14.20 and a beta of 1.02.

SPDR S&P 600 Small Cap Value ETF 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.