BIP Wealth LLC Trims Stock Position in SPDR S&P 600 Small Cap Value ETF $SLYV

BIP Wealth LLC lessened its stake in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,344 shares of the company’s stock after selling 5,265 shares during the period. BIP Wealth LLC owned approximately 0.28% of SPDR S&P 600 Small Cap Value ETF worth $11,493,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLYV. AQR Capital Management LLC purchased a new position in SPDR S&P 600 Small Cap Value ETF in the 1st quarter worth approximately $918,000. NewEdge Advisors LLC grew its stake in SPDR S&P 600 Small Cap Value ETF by 218.8% in the 1st quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock worth $327,000 after buying an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. grew its stake in SPDR S&P 600 Small Cap Value ETF by 14.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 15,253 shares of the company’s stock worth $1,217,000 after buying an additional 1,908 shares in the last quarter. M&T Bank Corp grew its stake in SPDR S&P 600 Small Cap Value ETF by 2.9% in the 2nd quarter. M&T Bank Corp now owns 11,011 shares of the company’s stock worth $878,000 after buying an additional 312 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in SPDR S&P 600 Small Cap Value ETF by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 112,629 shares of the company’s stock worth $8,983,000 after buying an additional 1,600 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Price Performance

SLYV stock opened at $95.68 on Wednesday. SPDR S&P 600 Small Cap Value ETF has a one year low of $65.96 and a one year high of $102.37. The stock has a market cap of $4.11 billion, a PE ratio of 14.20 and a beta of 1.04. The firm has a 50 day simple moving average of $96.77 and a two-hundred day simple moving average of $93.06.

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.