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) saw an uptick in trading volume on Tuesday . 475,271 shares changed hands during 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 Up 1.0 %

The stock has a market capitalization of $4.28 billion, a P/E ratio of 12.27 and a beta of 1.17. The company has a 50-day moving average price of $90.06 and a two-hundred day moving average price of $87.31.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in SPDR S&P 600 Small CapValue ETF by 118.6% during the third quarter. JPMorgan Chase & Co. now owns 9,009 shares of the company’s stock worth $782,000 after buying an additional 4,887 shares in the last quarter. CWM LLC boosted its position in shares of SPDR S&P 600 Small CapValue ETF by 141.6% during the 3rd quarter. CWM LLC now owns 35,008 shares of the company’s stock valued at $3,039,000 after acquiring an additional 20,515 shares during the last quarter. Trust Co. of Vermont purchased a new position in shares of SPDR S&P 600 Small CapValue ETF during the third quarter worth about $85,000. Verdence Capital Advisors LLC increased its position in shares of SPDR S&P 600 Small CapValue ETF by 20.1% in the third quarter. Verdence Capital Advisors LLC now owns 4,533 shares of the company’s stock worth $394,000 after purchasing an additional 760 shares during the last quarter. Finally, Capricorn Fund Managers Ltd raised its stake in SPDR S&P 600 Small CapValue ETF by 34.3% in the third quarter. Capricorn Fund Managers Ltd now owns 37,272 shares of the company’s stock valued at $3,236,000 after purchasing an additional 9,512 shares in the last quarter.

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.