SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sees Unusually-High Trading Volume

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) shares saw unusually-strong trading volume on Tuesday . Approximately 249,515 shares changed hands during mid-day trading, an increase of 23% from the previous session’s volume of 202,348 shares.The stock last traded at $85.30 and had previously closed at $85.10.

SPDR S&P 600 Small Cap Growth ETF Trading Up 0.5 %

The business has a 50-day simple moving average of $83.93 and a 200 day simple moving average of $78.71. The stock has a market cap of $2.89 billion, a P/E ratio of 10.44 and a beta of 1.12.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. M3 Advisory Group LLC bought a new position in SPDR S&P 600 Small Cap Growth ETF in the fourth quarter worth approximately $238,000. MONECO Advisors LLC raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 6.5% in the fourth quarter. MONECO Advisors LLC now owns 32,506 shares of the company’s stock worth $2,718,000 after purchasing an additional 1,977 shares during the last quarter. Vima LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the fourth quarter worth approximately $35,000. Goldman Sachs Group Inc. raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 1.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 9,943 shares of the company’s stock worth $832,000 after purchasing an additional 175 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 37.5% in the fourth quarter. EP Wealth Advisors LLC now owns 3,103 shares of the company’s stock worth $259,000 after purchasing an additional 846 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.