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

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw strong trading volume on Tuesday . 365,320 shares were traded during trading, an increase of 176% from the previous session’s volume of 132,463 shares.The stock last traded at $93.36 and had previously closed at $93.24.

SPDR S&P 600 Small Cap Growth ETF Stock Up 1.1 %

The stock’s 50 day moving average price is $94.40 and its two-hundred day moving average price is $92.73. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 14.89 and a beta of 1.12.

Institutional Trading of SPDR S&P 600 Small Cap Growth ETF

Several large investors have recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 13.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,616 shares of the company’s stock worth $778,000 after acquiring an additional 1,014 shares in the last quarter. Allworth Financial LP boosted its position in SPDR S&P 600 Small Cap Growth ETF by 65.8% during the fourth quarter. Allworth Financial LP now owns 3,888 shares of the company’s stock worth $366,000 after purchasing an additional 1,543 shares during the period. Principal Securities Inc. grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 11.4% during the fourth quarter. Principal Securities Inc. now owns 5,699 shares of the company’s stock valued at $515,000 after purchasing an additional 581 shares during the last quarter. Oak Root LLC raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 15.9% in the fourth quarter. Oak Root LLC now owns 24,965 shares of the company’s stock valued at $2,256,000 after purchasing an additional 3,432 shares during the period. Finally, Avestar Capital LLC lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 3.3% in the fourth quarter. Avestar Capital LLC now owns 7,386 shares of the company’s stock worth $667,000 after buying an additional 234 shares during the last quarter.

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.