SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Shares Sold by Palisades Hudson Asset Management L.P.

Palisades Hudson Asset Management L.P. cut its holdings in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,855 shares of the company’s stock after selling 934 shares during the period. SPDR S&P 600 Small CapValue ETF accounts for about 2.2% of Palisades Hudson Asset Management L.P.’s holdings, making the stock its 12th biggest position. Palisades Hudson Asset Management L.P. owned approximately 0.12% of SPDR S&P 600 Small CapValue ETF worth $5,110,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Northwest Investment Counselors LLC acquired a new position in SPDR S&P 600 Small CapValue ETF during the third quarter worth about $31,000. MFA Wealth Advisors LLC purchased a new position in shares of SPDR S&P 600 Small CapValue ETF in the 2nd quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P 600 Small CapValue ETF in the third quarter valued at about $34,000. Bessemer Group Inc. purchased a new stake in SPDR S&P 600 Small CapValue ETF during the 1st quarter worth $59,000. Finally, Trust Co. of Vermont purchased a new stake in SPDR S&P 600 Small CapValue ETF during the 3rd quarter worth approximately $85,000.

SPDR S&P 600 Small CapValue ETF Stock Up 0.2 %

Shares of SLYV traded up $0.15 during midday trading on Monday, hitting $85.73. The company had a trading volume of 20,996 shares, compared to its average volume of 211,853. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 12.27 and a beta of 1.17. SPDR S&P 600 Small CapValue ETF has a 52 week low of $69.14 and a 52 week high of $89.45. The company’s 50 day moving average price is $85.58 and its 200 day moving average price is $82.50.

SPDR S&P 600 Small CapValue ETF Company Profile

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.