Freedom Investment Management Inc. Decreases Stake in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Freedom Investment Management Inc. cut its stake in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 8.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,889 shares of the company’s stock after selling 2,199 shares during the quarter. Freedom Investment Management Inc. owned about 0.05% of SPDR S&P 600 Small CapValue ETF worth $2,074,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new stake in SPDR S&P 600 Small CapValue ETF during the 3rd quarter valued at about $31,000. MFA Wealth Advisors LLC purchased a new stake in SPDR S&P 600 Small CapValue ETF in the second quarter valued at approximately $32,000. Capital Performance Advisors LLP acquired a new position in SPDR S&P 600 Small CapValue ETF in the 3rd quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P 600 Small CapValue ETF during the 3rd quarter worth approximately $34,000. Finally, Bessemer Group Inc. acquired a new stake in SPDR S&P 600 Small CapValue ETF during the 1st quarter valued at approximately $59,000.

SPDR S&P 600 Small CapValue ETF Stock Down 0.9 %

Shares of SLYV opened at $94.26 on Wednesday. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 12.27 and a beta of 1.17. The stock’s 50-day moving average price is $87.96 and its 200-day moving average price is $84.00. SPDR S&P 600 Small CapValue ETF has a 52 week low of $72.96 and a 52 week high of $96.14.

SPDR S&P 600 Small CapValue ETF 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.