SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sets New 1-Year High – Still a Buy?

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

SPDR S&P 600 Small Cap Growth ETF Price Performance

The stock has a market capitalization of $3.63 billion, a PE ratio of 14.89 and a beta of 1.12. The company has a 50 day moving average price of $91.46 and a 200-day moving average price of $88.94.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of SLYG. Tiller Private Wealth Inc. raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.0% in the second quarter. Tiller Private Wealth Inc. now owns 5,635 shares of the company’s stock worth $484,000 after buying an additional 110 shares during the period. Sigma Planning Corp lifted its holdings in SPDR S&P 600 Small Cap Growth ETF by 1.9% in the third quarter. Sigma Planning Corp now owns 7,111 shares of the company’s stock valued at $662,000 after acquiring an additional 133 shares during the last quarter. Michael S. Ryan Inc. boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 0.4% during the third quarter. Michael S. Ryan Inc. now owns 35,476 shares of the company’s stock worth $3,303,000 after buying an additional 135 shares during the period. Blair William & Co. IL boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 6.1% during the first quarter. Blair William & Co. IL now owns 2,371 shares of the company’s stock worth $207,000 after buying an additional 136 shares during the period. Finally, Horizon Investment Services LLC raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 4.2% in the second quarter. Horizon Investment Services LLC now owns 3,653 shares of the company’s stock valued at $314,000 after acquiring an additional 148 shares in the last quarter.

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.