JNBA Financial Advisors Cuts Stock Holdings in SPDR S&P 600 Small Cap Growth ETF $SLYG

JNBA Financial Advisors lowered its stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 26.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,394 shares of the company’s stock after selling 5,956 shares during the quarter. JNBA Financial Advisors’ holdings in SPDR S&P 600 Small Cap Growth ETF were worth $1,455,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SLYG. Valley National Advisers Inc. purchased a new stake in SPDR S&P 600 Small Cap Growth ETF in the first quarter worth approximately $33,000. Smartleaf Asset Management LLC boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 2,988.2% in the first quarter. Smartleaf Asset Management LLC now owns 525 shares of the company’s stock worth $43,000 after purchasing an additional 508 shares during the last quarter. Ameriflex Group Inc. boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 285.6% in the second quarter. Ameriflex Group Inc. now owns 748 shares of the company’s stock worth $66,000 after purchasing an additional 554 shares during the last quarter. Cranbrook Wealth Management LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 2nd quarter worth $68,000. Finally, Iron Horse Wealth Management LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 40.1% during the 1st quarter. Iron Horse Wealth Management LLC now owns 884 shares of the company’s stock worth $73,000 after acquiring an additional 253 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SPDR S&P 600 Small Cap Growth ETF stock opened at $90.99 on Friday. The company’s fifty day simple moving average is $93.20 and its 200-day simple moving average is $87.89. The stock has a market capitalization of $3.46 billion, a PE ratio of 20.14 and a beta of 1.12. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $71.62 and a 1-year high of $101.62.

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.