Norden Group LLC Purchases 8,751 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Norden Group LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 32.7% in the fourth quarter, Holdings Channel reports. The fund owned 35,531 shares of the company’s stock after buying an additional 8,751 shares during the quarter. Norden Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $69,000. Cape Investment Advisory Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.0% during the fourth quarter. Cape Investment Advisory Inc. now owns 3,705 shares of the company’s stock valued at $326,000 after buying an additional 242 shares during the last quarter. Sharkey Howes & Javer raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 26.9% during the fourth quarter. Sharkey Howes & Javer now owns 61,721 shares of the company’s stock valued at $5,425,000 after buying an additional 13,091 shares during the last quarter. Sherman Asset Management Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $276,000. Finally, US Bancorp DE raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. US Bancorp DE now owns 74,858 shares of the company’s stock valued at $6,580,000 after buying an additional 36,648 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $87.59 on Friday. The company has a 50-day simple moving average of $89.90 and a 200-day simple moving average of $86.08. The firm has a market capitalization of $34.54 billion, a P/E ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.48 and a 52 week high of $92.76.

SPDR Portfolio S&P 500 Growth ETF Company Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).