Focus Financial Network Inc. Increases Position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG)

Focus Financial Network Inc. lifted its position in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,416 shares of the company’s stock after purchasing an additional 419 shares during the period. Focus Financial Network Inc. owned about 0.08% of SPDR S&P 600 Small Cap Growth ETF worth $2,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its stake in shares of 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 in the last quarter. Citigroup Inc. increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 0.4% in the third quarter. Citigroup Inc. now owns 1,619,809 shares of the company’s stock worth $150,820,000 after purchasing an additional 6,425 shares in the last quarter. Townsquare Capital LLC increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 9.1% in the third quarter. Townsquare Capital LLC now owns 1,203,275 shares of the company’s stock worth $112,037,000 after purchasing an additional 100,163 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 10,066.1% in the fourth quarter. Strategic Financial Concepts LLC now owns 772,827 shares of the company’s stock worth $69,825,000 after purchasing an additional 765,225 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 2,162.3% in the third quarter. Benjamin Edwards Inc. now owns 382,402 shares of the company’s stock worth $35,606,000 after purchasing an additional 365,499 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of NYSEARCA SLYG opened at $92.92 on Wednesday. The firm has a fifty day moving average price of $93.51 and a 200-day moving average price of $92.84. The stock has a market cap of $3.44 billion, a PE ratio of 14.89 and a beta of 1.12. SPDR S&P 600 Small Cap Growth ETF has a 1 year low of $81.03 and a 1 year high of $101.62.

SPDR S&P 600 Small Cap Growth ETF 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.