Convergence Financial LLC Acquires 9,080 Shares of SPDR S&P 600 Small Cap Value ETF $SLYV

Convergence Financial LLC boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) by 4.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,659 shares of the company’s stock after purchasing an additional 9,080 shares during the period. SPDR S&P 600 Small Cap Value ETF comprises approximately 2.8% of Convergence Financial LLC’s holdings, making the stock its 11th largest holding. Convergence Financial LLC owned about 0.46% of SPDR S&P 600 Small Cap Value ETF worth $18,764,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLYV. Founders Financial Alliance LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF in the third quarter worth $33,000. Copia Wealth Management raised its holdings in SPDR S&P 600 Small Cap Value ETF by 35.3% in the 3rd quarter. Copia Wealth Management now owns 514 shares of the company’s stock worth $46,000 after purchasing an additional 134 shares in the last quarter. Collier Financial bought a new position in SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth $62,000. SouthState Bank Corp purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter worth about $71,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 22.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 809 shares of the company’s stock valued at $65,000 after purchasing an additional 150 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of NYSEARCA SLYV opened at $100.61 on Friday. SPDR S&P 600 Small Cap Value ETF has a 1 year low of $65.96 and a 1 year high of $102.37. The stock has a market capitalization of $4.53 billion, a P/E ratio of 14.20 and a beta of 1.08. The company’s 50-day moving average is $96.31 and its 200 day moving average is $91.03.

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.