Avestar Capital LLC Trims Stock Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Avestar Capital LLC cut its position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 3.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,152 shares of the company’s stock after selling 244 shares during the quarter. Avestar Capital LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SLYG. Creative Planning lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 40.6% during the 2nd quarter. Creative Planning now owns 53,363 shares of the company’s stock worth $4,582,000 after acquiring an additional 15,422 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 1st quarter worth about $438,000. Norden Group LLC increased its position in shares of SPDR S&P 600 Small Cap Growth ETF by 29.2% during the 2nd quarter. Norden Group LLC now owns 8,141 shares of the company’s stock valued at $699,000 after purchasing an additional 1,840 shares during the last quarter. Wallace Advisory Group LLC raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 37.0% during the 2nd quarter. Wallace Advisory Group LLC now owns 7,605 shares of the company’s stock valued at $653,000 after buying an additional 2,053 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in SPDR S&P 600 Small Cap Growth ETF by 9.4% in the 2nd quarter. Cetera Investment Advisers now owns 210,025 shares of the company’s stock worth $18,033,000 after buying an additional 17,963 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of NYSEARCA SLYG opened at $99.67 on Wednesday. The stock has a market capitalization of $3.69 billion, a P/E ratio of 14.89 and a beta of 1.12. SPDR S&P 600 Small Cap Growth ETF has a one year low of $74.20 and a one year high of $101.62. The firm’s 50 day simple moving average is $93.78 and its two-hundred day simple moving average is $90.28.

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.