Founders Financial Securities LLC Increases Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Founders Financial Securities LLC grew its position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 111.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,813 shares of the company’s stock after purchasing an additional 5,704 shares during the quarter. Founders Financial Securities LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $1,020,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SLYG. Fortitude Financial LLC purchased a new position in SPDR S&P 600 Small Cap Growth ETF in the second quarter valued at $22,600,000. Bank of America Corp DE lifted its holdings in SPDR S&P 600 Small Cap Growth ETF by 4.5% during the 2nd quarter. Bank of America Corp DE now owns 1,839,618 shares of the company’s stock worth $163,266,000 after buying an additional 79,326 shares during the last quarter. Equitable Holdings Inc. boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 33.5% during the 2nd quarter. Equitable Holdings Inc. now owns 307,958 shares of the company’s stock worth $27,331,000 after acquiring an additional 77,360 shares in the last quarter. Compton Financial Group LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 2nd quarter valued at about $6,632,000. Finally, Strategic Financial Concepts LLC increased its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 791.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 84,129 shares of the company’s stock valued at $7,467,000 after acquiring an additional 74,693 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Up 0.4%

SLYG stock opened at $97.33 on Thursday. The business has a 50 day moving average price of $94.39 and a 200 day moving average price of $92.48. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 20.14 and a beta of 1.09. SPDR S&P 600 Small Cap Growth ETF has a fifty-two week low of $71.62 and a fifty-two week high of $98.53.

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. The selection universe for the S&P SmallCap 600 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion.