Baer Investment Advisory LLC Takes Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Baer Investment Advisory LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 163,534 shares of the company’s stock, valued at approximately $15,801,000. SPDR S&P 600 Small Cap Growth ETF makes up approximately 1.9% of Baer Investment Advisory LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 4,679,506 shares of the company’s stock worth $440,763,000 after buying an additional 858,073 shares during the last quarter. WCG Wealth Advisors LLC boosted its position in SPDR S&P 600 Small Cap Growth ETF by 238.3% during the fourth quarter. WCG Wealth Advisors LLC now owns 399,852 shares of the company’s stock worth $37,663,000 after purchasing an additional 281,647 shares during the period. Morgan Stanley boosted its position in SPDR S&P 600 Small Cap Growth ETF by 33.8% during the fourth quarter. Morgan Stanley now owns 1,035,279 shares of the company’s stock worth $97,513,000 after purchasing an additional 261,431 shares during the period. OpenArc Corporate Advisory LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF during the fourth quarter valued at approximately $21,367,000. Finally, Bank of America Corp DE raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 4.5% in the second quarter. Bank of America Corp DE now owns 1,839,618 shares of the company’s stock valued at $163,266,000 after purchasing an additional 79,326 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

NYSEARCA:SLYG opened at $117.38 on Friday. The company’s 50 day moving average is $110.51 and its 200-day moving average is $103.22. SPDR S&P 600 Small Cap Growth ETF has a 12 month low of $86.60 and a 12 month high of $119.82. The firm has a market cap of $5.11 billion, a price-to-earnings ratio of 20.14 and a beta of 1.04.

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.