Financial Advocates Investment Management Has $1.97 Million Stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Financial Advocates Investment Management lifted its stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 23.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,786 shares of the company’s stock after acquiring an additional 4,113 shares during the period. Financial Advocates Investment Management’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $1,968,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 5.2% in the fourth quarter. Trilogy Capital Inc. now owns 5,025 shares of the company’s stock valued at $454,000 after purchasing an additional 248 shares during the period. Inman Jager Wealth Management LLC bought a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $979,000. Optimist Retirement Group LLC lifted its position in SPDR S&P 600 Small Cap Growth ETF by 3.5% during the 4th quarter. Optimist Retirement Group LLC now owns 130,041 shares of the company’s stock worth $11,749,000 after acquiring an additional 4,419 shares during the last quarter. CarsonAllaria Wealth Management Ltd. boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 0.7% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 33,838 shares of the company’s stock valued at $3,057,000 after acquiring an additional 226 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. grew its position in shares of SPDR S&P 600 Small Cap Growth ETF by 51.0% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 9,984 shares of the company’s stock valued at $902,000 after purchasing an additional 3,370 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

NYSEARCA SLYG opened at $94.60 on Friday. The stock has a 50-day simple moving average of $93.88 and a 200 day simple moving average of $92.80. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $80.82 and a twelve month high of $101.62. The stock has a market capitalization of $3.50 billion, a PE ratio of 14.89 and a beta of 1.12.

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.