Convergence Financial LLC Boosts Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Convergence Financial LLC increased its stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 228,251 shares of the company’s stock after purchasing an additional 15,509 shares during the quarter. SPDR S&P 600 Small Cap Growth ETF comprises 4.1% of Convergence Financial LLC’s investment portfolio, making the stock its 7th largest holding. Convergence Financial LLC’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $20,622,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Wrapmanager Inc. grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 3.6% in the fourth quarter. Wrapmanager Inc. now owns 7,245 shares of the company’s stock worth $655,000 after purchasing an additional 249 shares during the period. WealthShield Partners LLC grew its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 4.2% in the 4th quarter. WealthShield Partners LLC now owns 53,126 shares of the company’s stock valued at $4,800,000 after buying an additional 2,141 shares during the period. Wealthspire Advisors LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter valued at about $592,000. New England Capital Financial Advisors LLC raised its stake in SPDR S&P 600 Small Cap Growth ETF by 3.6% during the 4th quarter. New England Capital Financial Advisors LLC now owns 48,406 shares of the company’s stock worth $4,374,000 after buying an additional 1,668 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. raised its stake in SPDR S&P 600 Small Cap Growth ETF by 2.5% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 105,055 shares of the company’s stock worth $9,492,000 after buying an additional 2,527 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Stock Up 0.1 %

Shares of NYSEARCA:SLYG opened at $88.87 on Thursday. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $81.03 and a twelve month high of $101.62. The stock’s 50 day moving average is $92.23 and its 200-day moving average is $92.99. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 19.93 and a beta of 1.12.

SPDR S&P 600 Small Cap Growth ETF 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.