SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sets New 52-Week High – Here’s What Happened

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) shares reached a new 52-week high during trading on Monday . The company traded as high as $114.50 and last traded at $114.16, with a volume of 10248 shares. The stock had previously closed at $112.85.

SPDR S&P 600 Small Cap Growth ETF Trading Up 1.0%

The stock has a fifty day simple moving average of $106.66 and a two-hundred day simple moving average of $101.17. The company has a market cap of $4.92 billion, a PE ratio of 20.14 and a beta of 1.06.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. FAS Wealth Partners Inc. lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 3.6% during the 1st quarter. FAS Wealth Partners Inc. now owns 342,972 shares of the company’s stock valued at $33,138,000 after acquiring an additional 12,017 shares during the period. Robinswood Financial LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 1st quarter valued at approximately $40,000. Glenmede Trust Co. NA lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 20.3% during the 1st quarter. Glenmede Trust Co. NA now owns 1,868 shares of the company’s stock valued at $180,000 after acquiring an additional 315 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 1st quarter valued at approximately $242,000. Finally, Western Wealth Management LLC lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 5.2% during the 1st quarter. Western Wealth Management LLC now owns 21,645 shares of the company’s stock valued at $2,091,000 after acquiring an additional 1,074 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.