SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sets New 12-Month High – Here’s What Happened

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $114.60 and last traded at $114.35, with a volume of 12892 shares traded. The stock had previously closed at $113.83.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

The firm has a fifty day simple moving average of $109.04 and a two-hundred day simple moving average of $102.37. The firm has a market cap of $5.05 billion, a PE ratio of 20.14 and a beta of 1.06.

Institutional Trading of SPDR S&P 600 Small Cap Growth ETF

Several hedge funds have recently made changes to their positions in the business. LPL Financial LLC grew its position in SPDR S&P 600 Small Cap Growth ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 4,679,506 shares of the company’s stock worth $440,763,000 after acquiring an additional 858,073 shares in the last quarter. WCG Wealth Advisors LLC raised its position in SPDR S&P 600 Small Cap Growth ETF by 238.3% during the fourth quarter. WCG Wealth Advisors LLC now owns 399,852 shares of the company’s stock valued at $37,663,000 after purchasing an additional 281,647 shares during the period. Morgan Stanley boosted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 33.8% in the 4th quarter. Morgan Stanley now owns 1,035,279 shares of the company’s stock worth $97,513,000 after purchasing an additional 261,431 shares during the period. OpenArc Corporate Advisory LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth approximately $21,367,000. Finally, Baer Investment Advisory LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 1st quarter valued at approximately $15,801,000.

About SPDR S&P 600 Small Cap Growth ETF

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.