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

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $98.68 and last traded at $97.7450, with a volume of 19128 shares traded. The stock had previously closed at $97.78.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

The company has a market capitalization of $3.73 billion, a PE ratio of 20.14 and a beta of 1.09. The business has a fifty day moving average price of $94.75 and a 200 day moving average price of $93.15.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Growth ETF

Institutional investors have recently bought and sold shares of the business. Avantax Advisory Services Inc. lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 16.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 77,643 shares of the company’s stock valued at $6,891,000 after acquiring an additional 11,208 shares in the last quarter. Bill Few Associates Inc. raised its position in SPDR S&P 600 Small Cap Growth ETF by 24.1% in the second quarter. Bill Few Associates Inc. now owns 7,460 shares of the company’s stock valued at $662,000 after purchasing an additional 1,451 shares during the period. Dynamic Financial Group lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 21.9% during the second quarter. Dynamic Financial Group now owns 18,864 shares of the company’s stock worth $1,674,000 after purchasing an additional 3,395 shares in the last quarter. Stillwater Capital Advisors LLC lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 2.6% during the second quarter. Stillwater Capital Advisors LLC now owns 32,207 shares of the company’s stock worth $2,858,000 after purchasing an additional 807 shares in the last quarter. Finally, Founders Financial Securities LLC boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 111.6% in the third quarter. Founders Financial Securities LLC now owns 10,813 shares of the company’s stock worth $1,020,000 after buying an additional 5,704 shares during the period.

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.