SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 126,697 shares, a growth of 59.1% from the August 15th total of 79,640 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 109,216 shares, the short-interest ratio is presently 1.2 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 22.5% during the 4th quarter. LPL Financial LLC now owns 4,679,506 shares of the company’s stock valued at $440,763,000 after purchasing an additional 858,073 shares during the period. NorthRock Partners LLC increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 7.3% in the 2nd quarter. NorthRock Partners LLC now owns 732,397 shares of the company’s stock worth $87,250,000 after purchasing an additional 50,101 shares in the last quarter. Everhart Financial Group Inc. raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 1,098.8% in the 2nd quarter. Everhart Financial Group Inc. now owns 538,759 shares of the company’s stock worth $64,182,000 after purchasing an additional 493,819 shares during the period. Cetera Investment Advisers lifted its position in SPDR S&P 600 Small Cap Growth ETF by 10.3% during the first quarter. Cetera Investment Advisers now owns 474,052 shares of the company’s stock valued at $45,803,000 after purchasing an additional 44,305 shares in the last quarter. Finally, WCG Wealth Advisors LLC lifted 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 buying an additional 281,647 shares in the last quarter.
SPDR S&P 600 Small Cap Growth ETF Price Performance
SPDR S&P 600 Small Cap Growth ETF stock traded up $0.10 during midday trading on Thursday, reaching $109.27. 74,875 shares of the company traded hands, compared to its average volume of 157,154. 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 business has a 50 day moving average of $115.14 and a two-hundred day moving average of $109.23. The firm has a market capitalization of $4.81 billion, a price-to-earnings 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.
Featured Stories
- Five stocks we like better than SPDR S&P 600 Small Cap Growth ETF
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for SPDR S&P 600 Small Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 600 Small Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
