Prestige Wealth Management Group LLC Cuts Stock Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Prestige Wealth Management Group LLC decreased its holdings in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 0.9% in the 4th quarter, HoldingsChannel reports. The firm owned 40,965 shares of the company’s stock after selling 369 shares during the quarter. SPDR S&P 600 Small Cap Growth ETF makes up 1.2% of Prestige Wealth Management Group LLC’s holdings, making the stock its 27th biggest holding. Prestige Wealth Management Group LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $3,701,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SLYG. IMG Wealth Management Inc. purchased a new position in SPDR S&P 600 Small Cap Growth ETF in the fourth quarter worth approximately $49,000. First Horizon Advisors Inc. purchased a new position in SPDR S&P 600 Small Cap Growth ETF in the third quarter valued at approximately $58,000. Rialto Wealth Management LLC acquired a new stake in SPDR S&P 600 Small Cap Growth ETF during the fourth quarter worth approximately $98,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 20.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,696 shares of the company’s stock valued at $158,000 after buying an additional 286 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Growth ETF by 22.8% in the 4th quarter. Farther Finance Advisors LLC now owns 2,118 shares of the company’s stock valued at $191,000 after buying an additional 393 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SLYG opened at $85.57 on Tuesday. The firm has a fifty day moving average price of $89.76 and a 200 day moving average price of $92.19. The stock has a market cap of $3.40 billion, a PE ratio of 19.03 and a beta of 1.14. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $80.34 and a 1-year high of $101.62.

SPDR S&P 600 Small Cap Growth ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.2156 per share. The ex-dividend date is Monday, March 24th.

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.