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

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) hit a new 52-week high during trading on Monday . The stock traded as high as $103.62 and last traded at $103.49, with a volume of 96299 shares. The stock had previously closed at $102.16.

SPDR S&P 600 Small Cap Growth ETF Stock Up 1.3%

The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 20.14 and a beta of 1.05. The company has a 50 day simple moving average of $99.24 and a 200 day simple moving average of $96.82.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Freedom Investment Management Inc. grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 1.2% during the fourth quarter. Freedom Investment Management Inc. now owns 8,729 shares of the company’s stock worth $822,000 after purchasing an additional 103 shares during the last quarter. Walled Lake Planning & Wealth Management LLC grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.0% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 5,357 shares of the company’s stock worth $505,000 after purchasing an additional 103 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 21.0% during the second quarter. Smartleaf Asset Management LLC now owns 635 shares of the company’s stock worth $56,000 after purchasing an additional 110 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.5% during the third quarter. Blair William & Co. IL now owns 4,486 shares of the company’s stock worth $423,000 after purchasing an additional 111 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.9% during the third quarter. AdvisorNet Financial Inc now owns 3,966 shares of the company’s stock worth $374,000 after purchasing an additional 112 shares during the last quarter.

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.