Gibbs Wealth Management Trims Stock Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Gibbs Wealth Management lessened its stake in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 73.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,137 shares of the company’s stock after selling 49,427 shares during the period. Gibbs Wealth Management’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $1,711,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 1.2% during the first quarter. Royal Bank of Canada now owns 34,447 shares of the company’s stock valued at $2,859,000 after purchasing an additional 395 shares in the last quarter. AQR Capital Management LLC purchased a new stake in SPDR S&P 600 Small Cap Growth ETF during the first quarter worth $203,000. Jane Street Group LLC purchased a new stake in SPDR S&P 600 Small Cap Growth ETF during the first quarter worth $1,158,000. Stillwater Capital Advisors LLC boosted its position in SPDR S&P 600 Small Cap Growth ETF by 2.6% during the 2nd quarter. Stillwater Capital Advisors LLC now owns 32,207 shares of the company’s stock valued at $2,858,000 after acquiring an additional 807 shares in the last quarter. Finally, Diversified Enterprises LLC increased its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 5.2% in the 2nd quarter. Diversified Enterprises LLC now owns 476,985 shares of the company’s stock valued at $42,332,000 after acquiring an additional 23,721 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SLYG stock opened at $100.02 on Friday. The stock’s 50-day moving average is $96.32 and its 200 day moving average is $94.00. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $71.62 and a 1-year high of $102.81. The company has a market cap of $3.77 billion, a P/E ratio of 20.14 and a beta of 1.09.

SPDR S&P 600 Small Cap Growth ETF Company 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.