Provident Wealth Management LLC Boosts Holdings in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

Provident Wealth Management LLC increased its holdings in shares of SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 8.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 67,186 shares of the company’s stock after purchasing an additional 5,323 shares during the period. SPDR S&P 600 Small CapValue ETF accounts for about 2.0% of Provident Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. Provident Wealth Management LLC’s holdings in SPDR S&P 600 Small CapValue ETF were worth $5,833,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in SPDR S&P 600 Small CapValue ETF by 4.2% in the second quarter. LPL Financial LLC now owns 1,431,315 shares of the company’s stock valued at $112,086,000 after buying an additional 57,980 shares during the last quarter. Goelzer Investment Management Inc. raised its position in shares of SPDR S&P 600 Small CapValue ETF by 8.6% during the 3rd quarter. Goelzer Investment Management Inc. now owns 910,990 shares of the company’s stock worth $79,092,000 after acquiring an additional 72,247 shares in the last quarter. Cannon Financial Strategists Inc. acquired a new position in SPDR S&P 600 Small CapValue ETF in the second quarter valued at approximately $71,296,000. Wealth Enhancement Advisory Services LLC increased its stake in SPDR S&P 600 Small CapValue ETF by 149.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 552,911 shares of the company’s stock valued at $43,298,000 after purchasing an additional 331,607 shares during the last quarter. Finally, Redwood Investment Management LLC increased its stake in SPDR S&P 600 Small CapValue ETF by 19.0% in the first quarter. Redwood Investment Management LLC now owns 499,779 shares of the company’s stock valued at $41,469,000 after purchasing an additional 79,803 shares during the last quarter.

SPDR S&P 600 Small CapValue ETF Trading Up 1.5 %

Shares of NYSEARCA:SLYV opened at $88.24 on Thursday. The firm has a 50 day simple moving average of $84.81 and a 200-day simple moving average of $81.88. SPDR S&P 600 Small CapValue ETF has a twelve month low of $66.47 and a twelve month high of $89.45. The company has a market capitalization of $4.21 billion, a PE ratio of 12.27 and a beta of 1.17.

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.