Convergence Financial LLC Increases Stock Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Convergence Financial LLC boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 2.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 233,499 shares of the company’s stock after purchasing an additional 5,248 shares during the quarter. SPDR S&P 600 Small Cap Growth ETF comprises about 3.8% of Convergence Financial LLC’s holdings, making the stock its 8th biggest holding. Convergence Financial LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $19,380,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. NorthRock Partners LLC lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 177.5% in the fourth quarter. NorthRock Partners LLC now owns 631,279 shares of the company’s stock worth $57,036,000 after buying an additional 403,812 shares in the last quarter. Diversified Enterprises LLC raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 686.1% in the 4th quarter. Diversified Enterprises LLC now owns 425,578 shares of the company’s stock worth $38,451,000 after acquiring an additional 371,441 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter valued at approximately $18,338,000. Mercer Global Advisors Inc. ADV boosted its stake in SPDR S&P 600 Small Cap Growth ETF by 436.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 120,231 shares of the company’s stock valued at $10,863,000 after purchasing an additional 97,818 shares during the last quarter. Finally, May Barnhard Investments LLC bought a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $3,774,000.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SLYG stock opened at $88.63 on Friday. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $71.62 and a 1-year high of $101.62. The business has a fifty day moving average price of $85.06 and a 200-day moving average price of $86.93. The stock has a market capitalization of $3.39 billion, a P/E ratio of 19.63 and a beta of 1.12.

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.