Kinetic Wealth Investment Advisors LLC Takes Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Kinetic Wealth Investment Advisors LLC purchased a new position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) during the second quarter, Holdings Channel reports. The fund purchased 20,144 shares of the company’s stock, valued at approximately $2,400,000. SPDR S&P 600 Small Cap Growth ETF makes up about 1.1% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 15th largest position.

Several other institutional investors also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. raised its position in SPDR S&P 600 Small Cap Growth ETF by 69.6% in the first quarter. Trilogy Capital Inc. now owns 17,416 shares of the company’s stock worth $1,683,000 after acquiring an additional 7,149 shares during the period. Moneco Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Growth ETF by 24.4% during the 4th quarter. Moneco Advisors LLC now owns 71,310 shares of the company’s stock valued at $6,717,000 after acquiring an additional 14,003 shares during the period. WCG Wealth Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Growth ETF by 238.3% during the 4th quarter. WCG Wealth Advisors LLC now owns 399,852 shares of the company’s stock valued at $37,663,000 after acquiring an additional 281,647 shares during the period. Avantax Planning Partners Inc. increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 5.1% during the 1st quarter. Avantax Planning Partners Inc. now owns 333,499 shares of the company’s stock worth $32,223,000 after purchasing an additional 16,158 shares during the last quarter. Finally, AlphaCore Capital LLC increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 391.5% during the 4th quarter. AlphaCore Capital LLC now owns 11,589 shares of the company’s stock worth $1,092,000 after purchasing an additional 9,231 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

NYSEARCA:SLYG opened at $113.69 on Tuesday. SPDR S&P 600 Small Cap Growth ETF has a 12 month low of $88.67 and a 12 month high of $119.84. The firm’s 50 day moving average is $116.09 and its 200 day moving average is $108.79. The stock has a market capitalization of $5.01 billion, a PE ratio of 20.14 and a beta of 1.04.

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.