McKinley Carter Wealth Services Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 4,603 shares of the company’s stock, valued at approximately $566,000.
A number of other large investors also recently added to or reduced their stakes in the business. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $26,000. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Indiana Trust & Investment Management Co bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $27,000. Evelyn Partners Asset Management Ltd bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $35,000. Finally, Archer Investment Corp raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 527.9% during the first quarter. Archer Investment Corp now owns 383 shares of the company’s stock worth $38,000 after buying an additional 322 shares during the last quarter.
SPDR Portfolio S&P 500 Growth ETF Price Performance
Shares of NYSEARCA SPYG opened at $120.25 on Friday. The company’s 50 day simple moving average is $122.19 and its 200 day simple moving average is $117.52. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $127.13. The firm has a market capitalization of $55.62 billion, a P/E ratio of 32.28 and a beta of 1.17.
SPDR Portfolio S&P 500 Growth ETF 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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.
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