SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Hits New 1-Year High – Here’s What Happened

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $102.11 and last traded at $101.61, with a volume of 130610 shares. The stock had previously closed at $99.41.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

The stock has a market capitalization of $3.83 billion, a PE ratio of 20.14 and a beta of 1.09. The business’s 50-day moving average is $95.80 and its two-hundred day moving average is $93.82.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 16.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 77,643 shares of the company’s stock worth $6,891,000 after buying an additional 11,208 shares in the last quarter. Valmark Advisers Inc. purchased a new position in SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter valued at about $759,000. Bill Few Associates Inc. raised its position in SPDR S&P 600 Small Cap Growth ETF by 24.1% during the second quarter. Bill Few Associates Inc. now owns 7,460 shares of the company’s stock worth $662,000 after acquiring an additional 1,451 shares during the last quarter. Dynamic Financial Group lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 21.9% in the second quarter. Dynamic Financial Group now owns 18,864 shares of the company’s stock valued at $1,674,000 after purchasing an additional 3,395 shares in the last quarter. Finally, FAS Wealth Partners Inc. grew its position in shares of SPDR S&P 600 Small Cap Growth ETF by 2.7% in the third quarter. FAS Wealth Partners Inc. now owns 326,796 shares of the company’s stock valued at $30,820,000 after purchasing an additional 8,516 shares during the last quarter.

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.