SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Reaches New 12-Month High – Here’s What Happened

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $91.85 and last traded at $91.72, with a volume of 5314 shares traded. The stock had previously closed at $90.81.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.5 %

The firm has a fifty day moving average price of $88.68 and a two-hundred day moving average price of $83.92. The stock has a market capitalization of $31.71 billion, a P/E ratio of 27.22 and a beta of 1.14.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $36,000. Valued Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $41,000. Costello Asset Management INC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares during the period. Urban Financial Advisory Corp purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $45,000. Finally, West Branch Capital LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares during the period.

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).