Absolute Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 8,305 shares of the company’s stock, valued at approximately $736,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 132.3% during the third quarter. Franklin Resources Inc. now owns 13,196 shares of the company’s stock worth $1,118,000 after purchasing an additional 7,516 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $200,000. Rede Wealth LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.6% during the fourth quarter. Rede Wealth LLC now owns 24,108 shares of the company’s stock worth $2,119,000 after purchasing an additional 1,903 shares during the period. AdvisorNet Financial Inc increased its stake in SPDR Portfolio S&P 500 Growth ETF by 11.5% during the fourth quarter. AdvisorNet Financial Inc now owns 9,863 shares of the company’s stock worth $867,000 after purchasing an additional 1,019 shares during the period. Finally, Compass Capital Corp MA ADV purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $3,268,000.
SPDR Portfolio S&P 500 Growth ETF Price Performance
Shares of NYSEARCA:SPYG opened at $82.01 on Friday. The firm has a market capitalization of $31.14 billion, a PE ratio of 29.52 and a beta of 1.08. The firm’s 50-day moving average is $87.98 and its two-hundred day moving average is $86.23. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.48 and a 1 year high of $92.76.
SPDR Portfolio S&P 500 Growth ETF 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).
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