Dakota Wealth Management Adjusts Stake in SPDR S&P 600 Small Cap Growth ETF

As of the third quarter, Dakota Wealth Management has reduced its holdings in the SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 25.2%. According to reports from HoldingsChannel, the firm now possesses 48,396 shares after divesting 16,339 shares during the quarter. At the close of the reporting period, Dakota Wealth Management's stake in the fund was valued at $4,506,000.

Other significant investors have also made adjustments to their positions in the SPDR S&P 600 Small Cap Growth ETF. For instance, Tiller Private Wealth Inc. raised its investment in the ETF by 2.0% during the second quarter, acquiring 110 additional shares and bringing its total to 5,635 shares, worth $484,000. Similarly, Michael S. Ryan Inc. increased its stake by 0.4% in the third quarter, acquiring 135 more shares to reach a total of 35,476 shares valued at $3,303,000.

Moreover, Blair William & Co. IL grew its investment by 6.1% in the first quarter, owning 2,371 shares after a purchase of 136 shares worth $207,000. Horizon Investment Services LLC also expanded its holding by 4.2% during the second quarter, now holding 3,653 shares after adding 148 shares, valued at $314,000. FinTrust Capital Advisors LLC increased its stake significantly by 16.7% in the first quarter, now holding 1,153 shares worth $101,000 after acquiring 165 more shares.

Current Performance of SLYG ETF

As of Friday, shares of the SPDR S&P 600 Small Cap Growth ETF opened at $90.81. The ETF boasts a market capitalization of $3.36 billion, a price-to-earnings (P/E) ratio of 14.89, and a beta value of 1.12. The 50-day simple moving average for the ETF is $91.48, while the 200-day moving average stands at $88.45. Over the past year, the ETF has reached a low of $68.64 and a high of $96.17.

About SPDR S&P 600 Small Cap Growth ETF

The SPDR S&P 600 Small Cap Growth ETF, previously known as the SPDR Dow Jones Small Cap Growth ETF, aims to closely replicate the performance and characteristics of the S&P Small Cap 600 Growth Index. This index evaluates the performance of small-cap growth companies in the U.S. equity market.

Additional Information

For those interested in further news and insights about the SPDR S&P 600 Small Cap Growth ETF and similar investments, there are various resources available online that provide valuable information.

ETF, Investment, Management