Bank of America Corp DE Reduces Position in SPDR S&P 600 Small Cap Growth ETF $SLYG

Bank of America Corp DE decreased its holdings in shares of SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 13.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 989,579 shares of the company’s stock after selling 156,185 shares during the period. Bank of America Corp DE’s holdings in SPDR S&P 600 Small Cap Growth ETF were worth $95,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 1.2% in the 1st quarter. Royal Bank of Canada now owns 34,447 shares of the company’s stock worth $2,859,000 after purchasing an additional 395 shares during the period. AQR Capital Management LLC purchased a new position in SPDR S&P 600 Small Cap Growth ETF during the first quarter valued at $203,000. Jane Street Group LLC bought a new stake in SPDR S&P 600 Small Cap Growth ETF during the first quarter valued at about $1,158,000. Quantinno Capital Management LP grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 12.7% during the second quarter. Quantinno Capital Management LP now owns 3,558 shares of the company’s stock valued at $316,000 after purchasing an additional 400 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 9.4% during the second quarter. Raymond James Financial Inc. now owns 247,628 shares of the company’s stock valued at $21,977,000 after purchasing an additional 21,187 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Stock Up 0.6%

Shares of SLYG opened at $118.08 on Friday. The business has a 50-day simple moving average of $114.65 and a two-hundred day simple moving average of $106.52. SPDR S&P 600 Small Cap Growth ETF has a 52 week low of $88.67 and a 52 week high of $119.84. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 20.14 and a beta of 1.04.

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. 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.