Merit Financial Group LLC Lowers Stock Holdings in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Merit Financial Group LLC reduced its position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 2.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,018 shares of the company’s stock after selling 743 shares during the quarter. Merit Financial Group LLC owned 0.09% of SPDR S&P 600 Small Cap Growth ETF worth $2,983,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SLYG. Benjamin Edwards Inc. grew its position in SPDR S&P 600 Small Cap Growth ETF by 2,162.3% during the third quarter. Benjamin Edwards Inc. now owns 382,402 shares of the company’s stock valued at $35,606,000 after acquiring an additional 365,499 shares during the last quarter. Financial Enhancement Group LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at $11,607,000. Townsquare Capital LLC grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 9.1% during the 3rd quarter. Townsquare Capital LLC now owns 1,203,275 shares of the company’s stock valued at $112,037,000 after purchasing an additional 100,163 shares during the last quarter. Systelligence LLC purchased a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter worth $7,341,000. Finally, LPL Financial LLC lifted its stake in SPDR S&P 600 Small Cap Growth ETF by 2.1% in the third quarter. LPL Financial LLC now owns 2,321,334 shares of the company’s stock worth $216,139,000 after purchasing an additional 46,942 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Trading Up 0.5 %

Shares of NYSEARCA:SLYG opened at $93.16 on Monday. The stock has a market capitalization of $3.45 billion, a P/E ratio of 14.89 and a beta of 1.12. The stock’s 50-day moving average price is $94.85 and its 200-day moving average price is $92.36. SPDR S&P 600 Small Cap Growth ETF has a 12-month low of $79.95 and a 12-month high of $101.62.

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.