SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Reaches New 52-Week High – What’s Next?

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $97.83 and last traded at $97.83, with a volume of 464 shares. The stock had previously closed at $92.61.

SPDR S&P 600 Small Cap Growth ETF Trading Up 5.9 %

The stock has a fifty day simple moving average of $91.46 and a two-hundred day simple moving average of $88.94. The company has a market cap of $3.63 billion, a PE ratio of 14.89 and a beta of 1.12.

Institutional Trading of SPDR S&P 600 Small Cap Growth ETF

Several institutional investors have recently made changes to their positions in the stock. Creekmur Asset Management LLC acquired a new stake in SPDR S&P 600 Small Cap Growth ETF during the third quarter worth about $30,000. New Covenant Trust Company N.A. purchased a new stake in SPDR S&P 600 Small Cap Growth ETF in the 1st quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter worth approximately $32,000. Blue Trust Inc. raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 82.3% during the 3rd quarter. Blue Trust Inc. now owns 370 shares of the company’s stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Finally, Northwest Investment Counselors LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at $57,000.

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.