HighTower Advisors LLC Decreases Stock Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

HighTower Advisors LLC trimmed its holdings in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,624 shares of the company’s stock after selling 4,072 shares during the quarter. HighTower Advisors LLC owned 0.31% of SPDR S&P 600 Small Cap Growth ETF worth $10,447,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. First Horizon Advisors Inc. purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter valued at about $58,000. Rialto Wealth Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 4th quarter valued at about $98,000. Glass Jacobson Investment Advisors llc raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 20.3% during 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. Capital Investment Advisory Services LLC raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 6.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,224 shares of the company’s stock valued at $201,000 after buying an additional 137 shares in the last quarter. Finally, Etfidea LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter valued at about $212,000.

SPDR S&P 600 Small Cap Growth ETF Trading Up 2.7 %

Shares of NYSEARCA SLYG opened at $82.91 on Monday. The firm’s 50-day moving average price is $90.56 and its 200-day moving average price is $92.48. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 19.03 and a beta of 1.14. SPDR S&P 600 Small Cap Growth ETF has a 12-month low of $80.34 and a 12-month high of $101.62.

SPDR S&P 600 Small Cap Growth ETF 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.