Designed to provide broad exposure to the Small Cap Growth segment of the US equity market, the State Street SPDR S&P 600 Small Cap Growth ETF (SLYG) is a passively managed exchange traded fund launched on September 25, 2000.
SLYG hits a 52-week high as easing geopolitical tensions and improving risk sentiment fuel renewed appetite for small-cap growth exposure.
Designed to provide broad exposure to the Small Cap Growth segment of the US equity market, the State Street SPDR S&P 600 Small Cap Growth ETF (SLYG) is a passively managed exchange traded fund launched on September 25, 2000.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,732 | $499,631.73 | $666,918.2 | $167,286.47 | 33.48% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 51 | $3,749.36 | $5,933.85 | $2,184.49 | 58.26% |
| CE Curtis Ellergodt Rothschild Investment LLC | 2,657 | $247,393 | $309,141.95 | $61,748.95 | 24.96% |
| PEP Philip E. Passafiume Protective Life Corp | 164 | $15,845.68 | $19,082.22 | $3,236.54 | 20.43% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 44,212 | $3.84M | $5.12M | $1.28M | 33.4% |
| ARCA Exchange | US Country |
The fund is an investment entity that dedicates a significant portion, at least 80%, of its total assets to securities listed in a specific index, which is designed to track the performance of the small-capitalization growth sector of the U.S. equity market. This strategic focus on small-cap growth stocks is a distinguishing characteristic of the fund, underscoring its aim to capitalize on the potential higher growth rates of smaller companies compared to their larger counterparts. The fund employs a strategy that involves either fully replicating the index or selecting a subset of securities from the index. This approach is intended to maintain a portfolio that mirrors the risk and return profile of the index, thus offering investors an opportunity to participate in the specific market segment the index represents.
The primary offering of the fund is an investment product that closely follows the composition and performance of the designated index. This index-based investment approach is designed to provide investors with exposure to the small-capitalization growth sector of the U.S. equity market, thereby allowing them an opportunity to benefit from the growth potential of smaller companies.
In addition to index tracking, the fund endeavors to align its portfolio’s risk and return characteristics with those of the index. This involves a meticulous selection process, whereby the fund may opt to purchase only a subset of the securities in the index. The goal is to replicate the overall market exposure of the index, thus ensuring that investors receive a similar performance experience as that of the index itself, albeit with potentially reduced operational costs and increased efficiency in managing the portfolio.