PFG Private Wealth Management LLC Purchases New Stake in SPDR S&P 600 Small Cap Value ETF $SLYV

PFG Private Wealth Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,220 shares of the company’s stock, valued at approximately $463,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FAS Wealth Partners Inc. grew its stake in SPDR S&P 600 Small Cap Value ETF by 5.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 169,137 shares of the company’s stock valued at $14,994,000 after buying an additional 8,246 shares during the last quarter. Carter Financial Group INC. bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the second quarter worth approximately $918,000. Geneos Wealth Management Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 25.4% during the second quarter. Geneos Wealth Management Inc. now owns 110,056 shares of the company’s stock worth $8,778,000 after acquiring an additional 22,259 shares during the period. Balance Wealth LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter valued at approximately $3,421,000. Finally, Asset Dedication LLC increased its stake in shares of SPDR S&P 600 Small Cap Value ETF by 5.5% during the second quarter. Asset Dedication LLC now owns 118,833 shares of the company’s stock worth $9,478,000 after purchasing an additional 6,245 shares during the period.

SPDR S&P 600 Small Cap Value ETF Trading Down 2.0%

NYSEARCA:SLYV opened at $98.86 on Friday. The stock has a 50 day simple moving average of $95.44 and a 200 day simple moving average of $90.25. The stock has a market cap of $4.45 billion, a P/E ratio of 14.20 and a beta of 1.08. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $65.96 and a 1-year high of $102.37.

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.