SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Sets New 52-Week High – Here’s Why

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.50 and last traded at $85.46, with a volume of 55459 shares changing hands. The stock had previously closed at $83.84.

SPDR Portfolio S&P 500 Growth ETF Stock Up 2.6 %

The business’s fifty day moving average price is $82.09 and its 200 day moving average price is $79.11. The firm has a market capitalization of $29.53 billion, a PE ratio of 27.22 and a beta of 1.14.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Avidian Wealth Solutions LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 9.9% in the first quarter. Avidian Wealth Solutions LLC now owns 5,646 shares of the company’s stock worth $413,000 after acquiring an additional 508 shares during the last quarter. Csenge Advisory Group grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 35.1% during the first quarter. Csenge Advisory Group now owns 8,434 shares of the company’s stock worth $617,000 after acquiring an additional 2,190 shares during the last quarter. Financial Council LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.4% during the 1st quarter. Financial Council LLC now owns 70,293 shares of the company’s stock valued at $5,142,000 after purchasing an additional 4,247 shares during the period. Advisory Alpha LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.7% during the first quarter. Advisory Alpha LLC now owns 2,886,774 shares of the company’s stock valued at $211,174,000 after buying an additional 206,571 shares during the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 195.6% during the first quarter. Advisory Services Network LLC now owns 121,970 shares of the company’s stock worth $8,922,000 after buying an additional 80,704 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).