Nvest Wealth Strategies Inc. Makes New Investment in SPDR S&P 600 Small Cap Growth ETF $SLYG

Nvest Wealth Strategies Inc. bought a new position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 78,698 shares of the company’s stock, valued at approximately $7,413,000. SPDR S&P 600 Small Cap Growth ETF comprises about 5.4% of Nvest Wealth Strategies Inc.’s investment portfolio, making the stock its 7th largest position. Nvest Wealth Strategies Inc. owned approximately 0.21% of SPDR S&P 600 Small Cap Growth ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLYG. Royal Bank of Canada grew its position in SPDR S&P 600 Small Cap Growth ETF by 1.2% in the 1st quarter. Royal Bank of Canada now owns 34,447 shares of the company’s stock worth $2,859,000 after purchasing an additional 395 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the first quarter valued at approximately $203,000. Jane Street Group LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the first quarter valued at approximately $1,158,000. Quantinno Capital Management LP boosted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 12.7% in the second quarter. Quantinno Capital Management LP now owns 3,558 shares of the company’s stock valued at $316,000 after acquiring an additional 400 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 9.4% in the second quarter. Raymond James Financial Inc. now owns 247,628 shares of the company’s stock valued at $21,977,000 after acquiring an additional 21,187 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SPDR S&P 600 Small Cap Growth ETF stock opened at $106.62 on Thursday. The firm has a 50 day simple moving average of $99.95 and a 200-day simple moving average of $97.42. The stock has a market capitalization of $4.42 billion, a PE ratio of 20.14 and a beta of 1.05. SPDR S&P 600 Small Cap Growth ETF has a 12-month low of $78.96 and a 12-month high of $107.82.

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.