Brown Advisory Inc. Trims Stock Holdings in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV)

Brown Advisory Inc. reduced its stake in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 70.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,575 shares of the company’s stock after selling 13,355 shares during the period. Brown Advisory Inc.’s holdings in SPDR S&P 600 Small Cap Value ETF were worth $437,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 0.3% in the fourth quarter. Bank of America Corp DE now owns 2,680,709 shares of the company’s stock valued at $233,892,000 after acquiring an additional 7,361 shares during the period. LPL Financial LLC boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 1,521,746 shares of the company’s stock valued at $132,772,000 after acquiring an additional 24,561 shares during the period. Cerity Partners LLC boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 1.5% in the fourth quarter. Cerity Partners LLC now owns 918,764 shares of the company’s stock valued at $80,162,000 after acquiring an additional 13,484 shares during the period. Goelzer Investment Management Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 1.9% in the first quarter. Goelzer Investment Management Inc. now owns 854,454 shares of the company’s stock valued at $66,989,000 after acquiring an additional 15,941 shares during the period. Finally, NorthRock Partners LLC boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 174.6% in the fourth quarter. NorthRock Partners LLC now owns 739,816 shares of the company’s stock valued at $64,549,000 after acquiring an additional 470,439 shares during the period.

SPDR S&P 600 Small Cap Value ETF Price Performance

SPDR S&P 600 Small Cap Value ETF stock opened at $81.38 on Wednesday. SPDR S&P 600 Small Cap Value ETF has a 12 month low of $65.96 and a 12 month high of $96.14. The business has a 50 day simple moving average of $79.13 and a 200-day simple moving average of $80.50. The stock has a market capitalization of $3.72 billion, a PE ratio of 14.20 and a beta of 1.18.

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.