SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sets New 1-Year High – What’s Next?

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $97.83 and last traded at $97.83, with a volume of 464 shares trading hands. The stock had previously closed at $92.61.

SPDR S&P 600 Small Cap Growth ETF Price Performance

The firm’s 50-day simple moving average is $91.80 and its 200 day simple moving average is $89.17. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 14.89 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. WealthPLAN Partners LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 1st quarter valued at $358,000. Osaic Holdings Inc. boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 80.3% during the first quarter. Osaic Holdings Inc. now owns 291,853 shares of the company’s stock valued at $25,459,000 after purchasing an additional 129,977 shares in the last quarter. Creative Planning grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 40.6% during the second quarter. Creative Planning now owns 53,363 shares of the company’s stock worth $4,582,000 after purchasing an additional 15,422 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the first quarter valued at approximately $438,000. Finally, Norden Group LLC raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 29.2% in the 2nd quarter. Norden Group LLC now owns 8,141 shares of the company’s stock valued at $699,000 after buying an additional 1,840 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.