SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) Sets New 1-Year Low – What’s Next?

SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) shares hit a new 52-week low on Thursday . The company traded as low as $73.89 and last traded at $74.43, with a volume of 130524 shares trading hands. The stock had previously closed at $79.54.

SPDR S&P 600 Small CapValue ETF Stock Performance

The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 13.04 and a beta of 1.18. The business has a fifty day moving average price of $83.23 and a 200 day moving average price of $86.85.

SPDR S&P 600 Small CapValue ETF Cuts Dividend

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

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Copia Wealth Management acquired a new position in SPDR S&P 600 Small CapValue ETF during the 4th quarter worth approximately $29,000. Lee Danner & Bass Inc. bought a new stake in shares of SPDR S&P 600 Small CapValue ETF in the fourth quarter worth $30,000. Bellwether Advisors LLC acquired a new stake in SPDR S&P 600 Small CapValue ETF in the fourth quarter valued at $63,000. Crews Bank & Trust bought a new position in SPDR S&P 600 Small CapValue ETF during the 4th quarter valued at $64,000. Finally, Park Place Capital Corp acquired a new stake in shares of SPDR S&P 600 Small CapValue ETF in the 4th quarter valued at about $76,000.

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.