Stonebridge Wealth Management LLC trimmed its stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG – Free Report) by 78.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,372 shares of the company’s stock after selling 15,942 shares during the quarter. SPDR S&P 600 Small Cap Growth ETF makes up 0.4% of Stonebridge Wealth Management LLC’s holdings, making the stock its 29th largest holding. Stonebridge Wealth Management LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $412,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Valmark Advisers Inc. acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at $759,000. FAS Wealth Partners Inc. increased its stake in SPDR S&P 600 Small Cap Growth ETF by 2.7% in the 3rd quarter. FAS Wealth Partners Inc. now owns 326,796 shares of the company’s stock worth $30,820,000 after purchasing an additional 8,516 shares in the last quarter. Balanced Wealth Group LLC raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 13.0% during the 2nd quarter. Balanced Wealth Group LLC now owns 113,208 shares of the company’s stock worth $10,097,000 after buying an additional 13,000 shares during the period. Founders Financial Securities LLC raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 111.6% during the 3rd quarter. Founders Financial Securities LLC now owns 10,813 shares of the company’s stock worth $1,020,000 after buying an additional 5,704 shares during the period. Finally, Fortitude Financial LLC purchased a new stake in SPDR S&P 600 Small Cap Growth ETF during the second quarter valued at about $22,600,000.
SPDR S&P 600 Small Cap Growth ETF Trading Down 2.4%
SLYG stock opened at $94.08 on Friday. SPDR S&P 600 Small Cap Growth ETF has a one year low of $71.62 and a one year high of $103.49. The firm has a 50-day moving average of $99.89 and a two-hundred day moving average of $96.43. The firm has a market capitalization of $3.54 billion, a PE ratio of 20.14 and a beta of 1.09.
SPDR S&P 600 Small Cap Growth ETF Profile
SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion.
Further Reading
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