Convergence Financial LLC Buys 7,789 Shares of SPDR S&P 600 Small Cap Growth ETF $SLYG

Convergence Financial LLC raised its stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,619 shares of the company’s stock after acquiring an additional 7,789 shares during the quarter. SPDR S&P 600 Small Cap Growth ETF comprises 2.8% of Convergence Financial LLC’s holdings, making the stock its 10th largest position. Convergence Financial LLC owned 0.52% of SPDR S&P 600 Small Cap Growth ETF worth $18,826,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the second quarter worth approximately $30,000. Atwood & Palmer Inc. acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at $48,000. Smartleaf Asset Management LLC increased its position in SPDR S&P 600 Small Cap Growth ETF by 21.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 635 shares of the company’s stock worth $56,000 after buying an additional 110 shares during the period. Sage Mountain Advisors LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the second quarter worth $74,000. Finally, Root Financial Partners LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the third quarter worth $75,000.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

SLYG stock opened at $102.20 on Friday. SPDR S&P 600 Small Cap Growth ETF has a 52 week low of $71.62 and a 52 week high of $103.49. The company has a market capitalization of $3.85 billion, a PE ratio of 20.14 and a beta of 1.09. The company’s 50-day simple moving average is $99.00 and its 200 day simple moving average is $95.48.

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. The selection universe for the S&P SmallCap 600 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion.