Northwestern Mutual Wealth Management Co. Lowers Stock Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Northwestern Mutual Wealth Management Co. reduced its stake in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 87.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,323 shares of the company’s stock after selling 169,078 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.06% of SPDR S&P 600 Small Cap Growth ETF worth $2,078,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SLYG. Bank of America Corp DE lifted its position in shares of 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 valued at $163,266,000 after buying an additional 79,326 shares in the last quarter. Nvest Wealth Strategies Inc. purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 4th quarter valued at about $7,413,000. Equitable Holdings Inc. lifted 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 valued at $27,331,000 after buying an additional 77,360 shares in the last quarter. PFG Private Wealth Management LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter valued at about $7,123,000. Finally, Earned Wealth Advisors LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 4th quarter valued at about $7,068,000.

SPDR S&P 600 Small Cap Growth ETF Stock Up 1.9%

SLYG stock opened at $110.14 on Wednesday. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $84.49 and a twelve month high of $110.24. The stock has a market cap of $4.76 billion, a P/E ratio of 20.14 and a beta of 1.07. The business’s 50-day moving average price is $103.12 and its 200-day moving average price is $99.54.

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. 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.