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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $120.59 and last traded at $120.25, with a volume of 760997 shares changing hands. The stock had previously closed at $119.72.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.6%

The business has a 50-day moving average price of $109.68 and a 200 day moving average price of $107.07. The company has a market cap of $53.54 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Hedge funds have recently modified their holdings of the business. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $25,000. United Financial Planning Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $25,000. Financial Life Planners purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $26,000. Hantz Financial Services Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares in the last quarter. Finally, New Millennium Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $29,000.

About SPDR Portfolio S&P 500 Growth ETF

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.