SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Sees Unusually-High Trading Volume – Here’s Why

SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) shares saw strong trading volume on Tuesday . 475,271 shares traded hands during mid-day trading, an increase of 155% from the previous session’s volume of 186,705 shares.The stock last traded at $89.34 and had previously closed at $89.96.

SPDR S&P 600 Small CapValue ETF Stock Performance

The company has a market cap of $4.27 billion, a price-to-earnings ratio of 12.27 and a beta of 1.17. The stock’s fifty day moving average is $90.09 and its two-hundred day moving average is $87.30.

Hedge Funds Weigh In On SPDR S&P 600 Small CapValue ETF

Large investors have recently bought and sold shares of the stock. Kingsview Wealth Management LLC boosted its position in SPDR S&P 600 Small CapValue ETF by 1.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 50,884 shares of the company’s stock worth $4,440,000 after purchasing an additional 847 shares during the last quarter. GHP Investment Advisors Inc. grew its position in shares of SPDR S&P 600 Small CapValue ETF by 2.3% in the fourth quarter. GHP Investment Advisors Inc. now owns 173,392 shares of the company’s stock valued at $15,128,000 after purchasing an additional 3,948 shares in the last quarter. Financial Advocates Investment Management boosted its position in shares of SPDR S&P 600 Small CapValue ETF by 3.4% in the fourth quarter. Financial Advocates Investment Management now owns 10,900 shares of the company’s stock valued at $951,000 after acquiring an additional 363 shares during the period. YANKCOM Partnership bought a new position in shares of SPDR S&P 600 Small CapValue ETF in the fourth quarter worth $712,000. Finally, Inman Jager Wealth Management LLC purchased a new position in shares of SPDR S&P 600 Small CapValue ETF during the fourth quarter worth about $1,027,000.

About SPDR S&P 600 Small CapValue 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.