Partners in Financial Planning Makes New $2.23 Million Investment in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Partners in Financial Planning acquired a new stake in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) in the fourth quarter, HoldingsChannel reports. The firm acquired 25,544 shares of the company’s stock, valued at approximately $2,229,000. SPDR S&P 600 Small CapValue ETF makes up about 0.5% of Partners in Financial Planning’s portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Captrust Financial Advisors boosted its holdings in shares of SPDR S&P 600 Small CapValue ETF by 31.6% during the third quarter. Captrust Financial Advisors now owns 59,812 shares of the company’s stock worth $5,193,000 after purchasing an additional 14,372 shares during the last quarter. Tradition Wealth Management LLC grew its holdings in SPDR S&P 600 Small CapValue ETF by 0.9% in the 3rd quarter. Tradition Wealth Management LLC now owns 34,690 shares of the company’s stock valued at $3,012,000 after buying an additional 318 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of SPDR S&P 600 Small CapValue ETF during the 3rd quarter valued at about $2,393,000. Hilltop Holdings Inc. increased its stake in shares of SPDR S&P 600 Small CapValue ETF by 2.5% during the 3rd quarter. Hilltop Holdings Inc. now owns 5,807 shares of the company’s stock valued at $504,000 after acquiring an additional 142 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of SPDR S&P 600 Small CapValue ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 133,184 shares of the company’s stock worth $11,561,000 after acquiring an additional 3,154 shares during the last quarter.

SPDR S&P 600 Small CapValue ETF Stock Down 2.3 %

Shares of SLYV opened at $78.11 on Monday. SPDR S&P 600 Small CapValue ETF has a fifty-two week low of $75.79 and a fifty-two week high of $96.14. The company’s fifty day moving average is $84.57 and its two-hundred day moving average is $87.18. The firm has a market cap of $3.72 billion, a PE ratio of 13.04 and a beta of 1.18.

SPDR S&P 600 Small CapValue ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.3599 dividend. The ex-dividend date was Monday, March 24th.

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.