Envestnet Asset Management Inc. Sells 43,560 Shares of SPDR S&P 600 Small Cap Value ETF $SLYV

Envestnet Asset Management Inc. lowered its position in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 16.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 221,521 shares of the company’s stock after selling 43,560 shares during the quarter. Envestnet Asset Management Inc. owned 0.48% of SPDR S&P 600 Small Cap Value ETF worth $19,638,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter worth about $918,000. NewEdge Advisors LLC raised its position in SPDR S&P 600 Small Cap Value ETF by 218.8% during the 1st quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock valued at $327,000 after purchasing an additional 2,862 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF in the second quarter worth about $224,000. Rodgers & Associates LTD raised its stake in SPDR S&P 600 Small Cap Value ETF by 9.9% in the second quarter. Rodgers & Associates LTD now owns 336,515 shares of the company’s stock worth $26,840,000 after buying an additional 30,404 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 4.0% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 68,768 shares of the company’s stock worth $5,485,000 after purchasing an additional 2,623 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Stock Up 1.1%

NYSEARCA:SLYV opened at $99.97 on Friday. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $65.96 and a 52 week high of $102.37. The firm has a 50 day moving average of $95.60 and a 200 day moving average of $90.42. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08.

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.