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) hit a new 52-week high during trading on Tuesday . The stock traded as high as $92.88 and last traded at $92.61, with a volume of 11371 shares. The stock had previously closed at $92.33.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.0 %

The firm has a market cap of $31.70 billion, a PE ratio of 27.22 and a beta of 1.14. The stock has a fifty day simple moving average of $89.99 and a two-hundred day simple moving average of $85.28.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SPYG. Nemes Rush Group LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 108.1% during the fourth quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock worth $25,000 after purchasing an additional 146 shares in the last quarter. BankPlus Trust Department purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $25,000. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $36,000. Valued Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth about $41,000. Finally, Costello Asset Management INC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares in the last quarter.

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).