SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 41,692 shares, a decrease of 65.1% from the September 15th total of 119,321 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 116,262 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On SPDR S&P 600 Small Cap Growth ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Roan Capital Partners boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 5.1% during the third quarter. Roan Capital Partners now owns 45,013 shares of the company’s stock valued at $4,815,000 after purchasing an additional 2,196 shares in the last quarter. Friday Financial increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 41.8% in the third quarter. Friday Financial now owns 22,021 shares of the company’s stock valued at $2,367,000 after buying an additional 6,488 shares during the period. Fell Capital Management ADV acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the third quarter valued at approximately $1,965,000. Balefire LLC acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the third quarter valued at approximately $379,000. Finally, Journey Retirement Planning & Investment Management LLC increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 12.2% in the third quarter. Journey Retirement Planning & Investment Management LLC now owns 1,904 shares of the company’s stock valued at $204,000 after buying an additional 207 shares during the period.
SPDR S&P 600 Small Cap Growth ETF Price Performance
Shares of NYSEARCA SLYG traded down $0.03 during mid-day trading on Monday, hitting $108.54. 47,833 shares of the stock traded hands, compared to its average volume of 154,703. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $88.67 and a twelve month high of $119.84. The company has a market cap of $4.81 billion, a PE ratio of 20.14 and a beta of 1.05. The firm has a 50 day simple moving average of $112.84 and a two-hundred day simple moving average of $110.51.
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. 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.
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