Thu Oct 03 13:58:56 UTC 2024: ## Hedge Funds Bet Big on Small-Cap Value: Kades & Cheifetz LLC Increases Stake in SPDR S&P 600 Small CapValue ETF (SLYV)

**New York, NY – October 3, 2024** – Kades & Cheifetz LLC, a prominent investment firm, has increased its stake in the SPDR S&P 600 Small Cap Value ETF (SLYV) by 2.8% during the third quarter, according to HoldingsChannel.com. The fund now owns 67,460 shares of the company’s stock, representing a significant 3.4% of their investment portfolio.

This move follows a trend of increased interest in small-cap value stocks, with several other institutional investors also bolstering their positions in SLYV. Notably, Cannon Financial Strategists Inc. acquired a new stake in the second quarter worth approximately $71.29 million, while Morningstar Investment Services LLC boosted its stake by 98.1% in the fourth quarter.

SLYV, which tracks the performance of small-cap US equities exhibiting value characteristics, opened at $84.93 on Thursday. The ETF has a market capitalization of $4.05 billion, a PE ratio of 12.27, and a beta of 1.17.

Analysts believe that this recent surge in investment activity is driven by optimism surrounding the potential for small-cap value stocks to outperform in the current market environment. These companies often offer higher growth potential at lower valuations, making them attractive to investors seeking long-term returns.

“The increased interest in small-cap value ETFs like SLYV suggests that investors are seeking opportunities beyond the large-cap universe,” said a market analyst. “With the continued growth of the US economy, small businesses are poised to benefit, potentially leading to strong performance for this sector.”

Investors interested in learning more about the holdings of other hedge funds in SLYV can visit HoldingsChannel.com for the latest 13F filings and insider trades.

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