SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Position Cut by Confluence Investment Management LLC

Confluence Investment Management LLC reduced its holdings in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 15.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 199,350 shares of the company’s stock after selling 36,576 shares during the quarter. Confluence Investment Management LLC owned 0.54% of SPDR S&P 600 Small Cap Growth ETF worth $18,561,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 9,248.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 377,675 shares of the company’s stock valued at $324,000 after buying an additional 373,635 shares during the period. Cetera Investment Advisers bought a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the first quarter valued at approximately $16,754,000. Osaic Holdings Inc. raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 80.3% in the 1st quarter. Osaic Holdings Inc. now owns 291,853 shares of the company’s stock valued at $25,459,000 after buying an additional 129,977 shares in the last quarter. Financial Enhancement Group LLC bought a new position in SPDR S&P 600 Small Cap Growth ETF during the third quarter worth about $11,607,000. Finally, LPL Financial LLC lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 5.1% during the 2nd quarter. LPL Financial LLC now owns 2,274,392 shares of the company’s stock worth $195,279,000 after buying an additional 110,734 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SLYG opened at $97.47 on Friday. SPDR S&P 600 Small Cap Growth ETF has a one year low of $70.45 and a one year high of $98.39. The stock has a market capitalization of $3.61 billion, a P/E ratio of 14.89 and a beta of 1.12. The company’s 50 day simple moving average is $91.69 and its 200-day simple moving average is $89.06.

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.