Advisor Resource Council Has $208,000 Stock Holdings in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Advisor Resource Council cut its holdings in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 91.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,484 shares of the company’s stock after selling 27,193 shares during the quarter. Advisor Resource Council’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $208,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its position in SPDR S&P 600 Small Cap Growth ETF by 583.3% during the 1st quarter. Sound Income Strategies LLC now owns 328 shares of the company’s stock worth $29,000 after buying an additional 280 shares during the period. Vima LLC acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth approximately $35,000. Fifth Third Bancorp lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 125.2% in the 4th quarter. Fifth Third Bancorp now owns 626 shares of the company’s stock worth $52,000 after purchasing an additional 348 shares during the period. Northwest Investment Counselors LLC acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 1st quarter worth approximately $54,000. Finally, FinTrust Capital Advisors LLC lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 43.6% in the 4th quarter. FinTrust Capital Advisors LLC now owns 988 shares of the company’s stock worth $83,000 after purchasing an additional 300 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

Shares of NYSEARCA SLYG traded down $0.15 during midday trading on Thursday, reaching $85.71. The stock had a trading volume of 86,559 shares, compared to its average volume of 167,412. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 14.89 and a beta of 1.12. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $68.64 and a twelve month high of $88.49. The company’s 50 day moving average price is $86.00 and its 200 day moving average price is $84.40.

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.