Fairscale Capital LLC Makes New Investment in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Fairscale Capital LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,145 shares of the company’s stock, valued at approximately $389,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC boosted its stake in SPDR S&P 600 Small Cap Growth ETF by 5.1% during the 2nd quarter. LPL Financial LLC now owns 2,274,392 shares of the company’s stock valued at $195,279,000 after purchasing an additional 110,734 shares during the period. Haverford Trust Co boosted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 16.8% in the first quarter. Haverford Trust Co now owns 660,529 shares of the company’s stock valued at $57,618,000 after acquiring an additional 94,817 shares during the period. Stifel Financial Corp grew its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 63.6% in the fourth quarter. Stifel Financial Corp now owns 526,666 shares of the company’s stock worth $44,045,000 after acquiring an additional 204,659 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in SPDR S&P 600 Small Cap Growth ETF by 28.8% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 477,207 shares of the company’s stock worth $41,626,000 after acquiring an additional 106,577 shares during the period. Finally, Strategic Financial Concepts LLC raised its stake in SPDR S&P 600 Small Cap Growth ETF by 9,248.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 377,675 shares of the company’s stock valued at $324,000 after purchasing an additional 373,635 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

NYSEARCA SLYG opened at $93.02 on Friday. The company’s fifty day moving average is $90.53 and its two-hundred day moving average is $87.24. SPDR S&P 600 Small Cap Growth ETF has a 52-week low of $68.64 and a 52-week high of $96.17. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 14.89 and a beta of 1.12.

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.