Rainey & Randall Wealth Advisors Inc. Purchases 101,422 Shares of SPDR S&P 600 Small Cap Growth ETF $SLYG

Rainey & Randall Wealth Advisors Inc. bought a new stake in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 101,422 shares of the company’s stock, valued at approximately $10,849,000. SPDR S&P 600 Small Cap Growth ETF comprises approximately 1.7% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 12th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in SLYG. NorthRock Partners LLC raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 7.3% in the 2nd quarter. NorthRock Partners LLC now owns 732,397 shares of the company’s stock worth $87,250,000 after buying an additional 50,101 shares in the last quarter. Everhart Financial Group Inc. grew its position in SPDR S&P 600 Small Cap Growth ETF by 1,098.8% in the second quarter. Everhart Financial Group Inc. now owns 538,759 shares of the company’s stock valued at $64,182,000 after acquiring an additional 493,819 shares during the period. Cetera Investment Advisers grew its position in SPDR S&P 600 Small Cap Growth ETF by 10.3% in the first quarter. Cetera Investment Advisers now owns 474,052 shares of the company’s stock valued at $45,803,000 after acquiring an additional 44,305 shares during the period. FAS Wealth Partners Inc. raised its stake in SPDR S&P 600 Small Cap Growth ETF by 3.6% during the first quarter. FAS Wealth Partners Inc. now owns 342,972 shares of the company’s stock worth $33,138,000 after acquiring an additional 12,017 shares in the last quarter. Finally, Avantax Planning Partners Inc. raised its stake in SPDR S&P 600 Small Cap Growth ETF by 5.1% during the first quarter. Avantax Planning Partners Inc. now owns 333,499 shares of the company’s stock worth $32,223,000 after acquiring an additional 16,158 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

Shares of NYSEARCA SLYG opened at $108.38 on Tuesday. SPDR S&P 600 Small Cap Growth ETF has a 52-week low of $88.67 and a 52-week high of $119.84. The business has a fifty day moving average of $110.80 and a two-hundred day moving average of $107.47. The stock has a market cap of $4.65 billion, a PE ratio of 20.14 and a beta of 1.05.

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.