SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sees Strong Trading Volume

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw unusually-high trading volume on Friday . Approximately 467,004 shares were traded during trading, an increase of 190% from the previous session’s volume of 160,889 shares.The stock last traded at $87.38 and had previously closed at $88.81.

SPDR S&P 600 Small Cap Growth ETF Price Performance

The business has a 50 day simple moving average of $89.71 and a 200 day simple moving average of $86.81. The stock has a market cap of $3.24 billion, a PE ratio of 14.89 and a beta of 1.12.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Growth ETF

Institutional investors have recently bought and sold shares of the stock. Sound Income Strategies LLC boosted its holdings in shares of 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. New Covenant Trust Company N.A. acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the first quarter valued at about $29,000. Vima LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the fourth quarter valued at about $35,000. Northwest Investment Counselors LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the first quarter worth about $54,000. Finally, Family Firm Inc. acquired a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 2nd quarter worth about $68,000.

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.