SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Sees Unusually-High Trading Volume – Still a Buy?

SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) shares saw unusually-high trading volume on Monday . Approximately 3,623,875 shares were traded during mid-day trading, an increase of 1,489% from the previous session’s volume of 228,115 shares.The stock last traded at $87.36 and had previously closed at $87.26.

SPDR S&P 600 Small CapValue ETF Stock Performance

The stock’s 50-day moving average is $89.02 and its two-hundred day moving average is $87.51. The stock has a market cap of $4.12 billion, a PE ratio of 12.27 and a beta of 1.17.

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

Several hedge funds have recently bought and sold shares of SLYV. Stifel Financial Corp grew its position in SPDR S&P 600 Small CapValue ETF by 2.3% in the 3rd quarter. Stifel Financial Corp now owns 4,887 shares of the company’s stock valued at $424,000 after acquiring an additional 111 shares in the last quarter. PrairieView Partners LLC boosted its stake in shares of SPDR S&P 600 Small CapValue ETF by 10.9% in the fourth quarter. PrairieView Partners LLC now owns 1,176 shares of the company’s stock valued at $102,000 after purchasing an additional 116 shares during the period. Red Tortoise LLC grew its holdings in shares of SPDR S&P 600 Small CapValue ETF by 1.3% in the fourth quarter. Red Tortoise LLC now owns 9,204 shares of the company’s stock valued at $803,000 after purchasing an additional 117 shares in the last quarter. Marietta Investment Partners LLC increased its stake in SPDR S&P 600 Small CapValue ETF by 2.9% during the 4th quarter. Marietta Investment Partners LLC now owns 4,104 shares of the company’s stock worth $358,000 after buying an additional 117 shares during the period. Finally, Valmark Advisers Inc. lifted its holdings in SPDR S&P 600 Small CapValue ETF by 0.8% during the 4th quarter. Valmark Advisers Inc. now owns 15,740 shares of the company’s stock worth $1,373,000 after buying an additional 124 shares in the last quarter.

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.