M&T Bank Corp Trims Stock Position in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV)

M&T Bank Corp cut its holdings in SPDR S&P 600 Small CapValue ETF (NYSEARCA:SLYV) by 6.0% during the fourth quarter, HoldingsChannel reports. The fund owned 23,703 shares of the company’s stock after selling 1,513 shares during the period. M&T Bank Corp’s holdings in SPDR S&P 600 Small CapValue ETF were worth $1,975,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in SPDR S&P 600 Small CapValue ETF by 41.7% in the third quarter. Ameriprise Financial Inc. now owns 1,302,442 shares of the company’s stock valued at $94,346,000 after purchasing an additional 383,206 shares during the period. Financial Enhancement Group LLC acquired a new position in SPDR S&P 600 Small CapValue ETF in the 4th quarter valued at about $17,235,000. Charles Schwab Investment Management Inc. purchased a new stake in SPDR S&P 600 Small CapValue ETF during the 3rd quarter worth approximately $8,160,000. Alps Advisors Inc. purchased a new position in SPDR S&P 600 Small CapValue ETF in the 3rd quarter valued at approximately $5,549,000. Finally, Facet Wealth Inc. grew its stake in SPDR S&P 600 Small CapValue ETF by 749.2% during the 3rd quarter. Facet Wealth Inc. now owns 59,806 shares of the company’s stock worth $4,060,000 after purchasing an additional 52,763 shares in the last quarter.

SPDR S&P 600 Small CapValue ETF Trading Up 1.3 %

Shares of SLYV opened at $81.57 on Friday. SPDR S&P 600 Small CapValue ETF has a twelve month low of $66.47 and a twelve month high of $84.94. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 11.73 and a beta of 1.21. The firm’s fifty day simple moving average is $79.77 and its 200-day simple moving average is $78.26.

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.