SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sees Strong Trading Volume – Should You Buy?

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) shares saw strong trading volume on Wednesday . 124,455 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 115,464 shares.The stock last traded at $92.37 and had previously closed at $90.89.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

The company has a 50 day moving average of $94.95 and a two-hundred day moving average of $92.21. The stock has a market capitalization of $3.43 billion, a PE ratio of 14.89 and a beta of 1.12.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Growth ETF

A number of large investors have recently modified their holdings of SLYG. Sigma Planning Corp increased its position in shares of SPDR S&P 600 Small Cap Growth ETF by 1.9% in the 3rd quarter. Sigma Planning Corp now owns 7,111 shares of the company’s stock valued at $662,000 after acquiring an additional 133 shares during the period. Michael S. Ryan Inc. grew its stake in SPDR S&P 600 Small Cap Growth ETF by 0.4% during the 3rd quarter. Michael S. Ryan Inc. now owns 35,476 shares of the company’s stock valued at $3,303,000 after purchasing an additional 135 shares during the last quarter. Financial Counselors Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.8% in the third quarter. Financial Counselors Inc. now owns 5,533 shares of the company’s stock valued at $515,000 after purchasing an additional 151 shares during the period. Blue Trust Inc. raised its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 82.3% in the third quarter. Blue Trust Inc. now owns 370 shares of the company’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 7.2% during the fourth quarter. HB Wealth Management LLC now owns 2,496 shares of the company’s stock worth $226,000 after purchasing an additional 168 shares during the period.

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.