SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Reaches New 52-Week High – What’s Next?

Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) reached a new 52-week high during trading on Monday . The company traded as high as $88.08 and last traded at $88.06, with a volume of 434546 shares. The stock had previously closed at $87.36.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

The firm has a market cap of $30.19 billion, a PE ratio of 27.22 and a beta of 1.14. The stock’s 50 day simple moving average is $84.60 and its 200 day simple moving average is $80.97.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 Growth ETF

A number of institutional investors have recently made changes to their positions in the business. Raleigh Capital Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 5.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after purchasing an additional 122 shares in the last quarter. CENTRAL TRUST Co boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 12.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after purchasing an additional 134 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.9% in the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,911 shares of the company’s stock valued at $1,322,000 after purchasing an additional 145 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock valued at $440,000 after purchasing an additional 149 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,961 shares of the company’s stock valued at $1,075,000 after purchasing an additional 149 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).