Red Door Wealth Management LLC Invests $216,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Red Door Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,458 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds have also recently bought and sold shares of SPYG. Brown Brothers Harriman & Co. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $36,000. Costello Asset Management INC boosted its holdings in 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. Urban Financial Advisory Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $45,000. West Branch Capital LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% in the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after buying an additional 513 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $92.02 on Friday. The stock’s fifty day simple moving average is $88.79 and its 200 day simple moving average is $83.98. SPDR Portfolio S&P 500 Growth ETF has a one year low of $66.89 and a one year high of $92.76. The firm has a market cap of $31.59 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).