Confluence Investment Management LLC Grows Stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Confluence Investment Management LLC increased its holdings in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 3.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 206,430 shares of the company’s stock after acquiring an additional 7,080 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $18,651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SLYG. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 26,267 shares of the company’s stock worth $2,446,000 after purchasing an additional 328 shares during the last quarter. Optimist Retirement Group LLC boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 125,622 shares of the company’s stock valued at $11,697,000 after purchasing an additional 2,717 shares during the period. Arete Wealth Advisors LLC purchased a new position in SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter worth approximately $1,179,000. Glass Jacobson Investment Advisors llc grew its stake in 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 worth $158,000 after buying an additional 286 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in SPDR S&P 600 Small Cap Growth ETF by 18.0% during the third quarter. Orion Portfolio Solutions LLC now owns 10,321 shares of the company’s stock worth $961,000 after buying an additional 1,575 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SLYG stock traded up $0.33 during trading hours on Thursday, hitting $90.68. The stock had a trading volume of 26,720 shares, compared to its average volume of 152,013. The firm has a market capitalization of $3.36 billion, a PE ratio of 14.89 and a beta of 1.12. The stock’s 50 day moving average is $95.23 and its 200 day moving average is $91.81. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $79.35 and a twelve month high of $101.62.

About SPDR S&P 600 Small Cap Growth ETF

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.