Barrett & Company Inc. Makes New $5.84 Million Investment in SPDR S&P 600 Small Cap Growth ETF $SLYG

Barrett & Company Inc. purchased a new stake in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 54,615 shares of the company’s stock, valued at approximately $5,842,000. SPDR S&P 600 Small Cap Growth ETF accounts for about 1.6% of Barrett & Company Inc.’s investment portfolio, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter worth $132,000. Aire Advisors LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 2.4% in the third quarter. Aire Advisors LLC now owns 235,690 shares of the company’s stock worth $25,212,000 after acquiring an additional 5,539 shares during the last quarter. Courage Miller Partners LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the third quarter worth about $1,673,000. Foster Victor Wealth Advisors LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the third quarter worth about $653,000. Finally, Axxcess Wealth Management LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 19.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 2,423 shares of the company’s stock valued at $259,000 after purchasing an additional 400 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Trading Down 0.4%

SLYG opened at $107.59 on Friday. The company has a market cap of $4.62 billion, a P/E ratio of 20.14 and a beta of 1.05. The company’s 50 day moving average is $110.69 and its 200-day moving average is $111.19. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $88.67 and a 1-year high of $119.84.

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.