Kinetic Wealth Investment Advisors LLC Invests $2.40 Million in SPDR S&P 600 Small Cap Growth ETF $SLYG

Kinetic Wealth Investment Advisors LLC purchased a new stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,144 shares of the company’s stock, valued at approximately $2,400,000. SPDR S&P 600 Small Cap Growth ETF makes up about 1.1% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its 15th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. Trilogy Capital Inc. boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 69.6% during the 1st quarter. Trilogy Capital Inc. now owns 17,416 shares of the company’s stock worth $1,683,000 after acquiring an additional 7,149 shares during the last quarter. Moneco Advisors LLC raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 24.4% in the fourth quarter. Moneco Advisors LLC now owns 71,310 shares of the company’s stock valued at $6,717,000 after purchasing an additional 14,003 shares during the last quarter. WCG Wealth Advisors LLC raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 238.3% in 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 last quarter. Avantax Planning Partners Inc. raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 5.1% in the first quarter. Avantax Planning Partners Inc. now owns 333,499 shares of the company’s stock valued at $32,223,000 after purchasing an additional 16,158 shares during the last quarter. Finally, AlphaCore Capital LLC lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 391.5% during the fourth quarter. AlphaCore Capital LLC now owns 11,589 shares of the company’s stock valued at $1,092,000 after purchasing an additional 9,231 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

SPDR S&P 600 Small Cap Growth ETF stock opened at $113.69 on Tuesday. SPDR S&P 600 Small Cap Growth ETF has a fifty-two week low of $88.67 and a fifty-two week high of $119.84. The stock has a market cap of $5.01 billion, a PE ratio of 20.14 and a beta of 1.04. The firm’s 50-day simple moving average is $116.09 and its 200 day simple moving average is $108.79.

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.