SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Hits New 1-Year Low – Here’s Why

Shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $80.91 and last traded at $80.92, with a volume of 105203 shares trading hands. The stock had previously closed at $82.29.

SPDR S&P 600 Small Cap Growth ETF Trading Up 2.7 %

The company has a market cap of $3.30 billion, a price-to-earnings ratio of 19.03 and a beta of 1.14. The firm’s fifty day moving average price is $90.56 and its 200-day moving average price is $92.48.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in SLYG. IMG Wealth Management Inc. acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $49,000. Frazier Financial Advisors LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $50,000. First Horizon Advisors Inc. acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter worth $58,000. Bellwether Advisors LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $59,000. Finally, Rialto Wealth Management LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 4th quarter worth $98,000.

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.