7,444 Shares in SPDR S&P 600 Small Cap Value ETF $SLYV Bought by Independent Financial Group LLC

Independent Financial Group LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) during the 1st quarter, HoldingsChannel reports. The firm purchased 7,444 shares of the company’s stock, valued at approximately $704,000.

A number of other hedge funds also recently bought and sold shares of SLYV. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 4th quarter valued at about $32,000. Sunbelt Securities Inc. increased its stake in shares of SPDR S&P 600 Small Cap Value ETF by 369.2% during the third quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock worth $32,000 after buying an additional 288 shares during the period. Abound Financial LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter worth approximately $35,000. Park National Corp OH acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the first quarter valued at approximately $39,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at approximately $43,000.

SPDR S&P 600 Small Cap Value ETF Stock Up 1.0%

Shares of SPDR S&P 600 Small Cap Value ETF stock opened at $109.56 on Wednesday. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $78.56 and a 52-week high of $110.53. The company has a 50 day moving average of $105.98 and a 200 day moving average of $100.67. The company has a market capitalization of $4.94 billion, a P/E ratio of 14.20 and a beta of 0.99.

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.