Financial & Tax Architects LLC Makes New $351,000 Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Financial & Tax Architects LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,992 shares of the company’s stock, valued at approximately $351,000.

Several other hedge funds have also added to or reduced their stakes in SPYG. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $36,000. Costello Asset Management INC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares in the last quarter. Urban Financial Advisory Corp purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $45,000. Hollencrest Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $49,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG traded up $1.16 during trading hours on Friday, hitting $89.89. The company’s stock had a trading volume of 1,976,680 shares, compared to its average volume of 2,156,266. The business has a 50 day simple moving average of $88.47 and a two-hundred day simple moving average of $83.73. The company has a market cap of $30.85 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $65.51 and a 52-week high of $91.49.

SPDR Portfolio S&P 500 Growth ETF Profile

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Receive News & Ratings for SPDR Portfolio S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.