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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) reached a new 52-week high during trading on Tuesday . The company traded as high as $90.21 and last traded at $90.12, with a volume of 401779 shares trading hands. The stock had previously closed at $89.57.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

The firm has a market cap of $30.77 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The business’s 50 day moving average price is $85.39 and its 200-day moving average price is $81.57.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. EdgeRock Capital LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $26,000. Brown Brothers Harriman & Co. bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $36,000. Triad Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $44,000. Costello Asset Management INC raised its stake 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 valued at $45,000 after purchasing an additional 200 shares in the last quarter. Finally, Urban Financial Advisory Corp acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $45,000.

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).