Spark Investment Management reduces stake in SCA by 55.5% — 4 facts

Spark Investment Management lowered its stake in Deerfield, Ill.-based Surgical Care Affiliates by 55.47 percent, according to Chester Independent.

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Here are four facts:

1. At the end of the third quarter fiscal year 2016, the firm held 100,600 SCA shares.

2. SCA stock has rallied 0.02 percent, however.

3. Since May 2016, SCA shares have increased 0.55 percent.

4. SCA shares have underperformed the S&P 500 by 7.73 percent.

More articles on surgery centers:
SCA partners with The Surgery Center at Doral; Tenet shares fall 0.5% & more — 5 key notes
Frontier Healthcare opens new multispecialty ASC in the Bronx: 5 things to know
Palmetto Bone & Joint constructing new location with surgery center: 4 things to know

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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