Keudell Morrison Wealth Management Makes New Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Keudell Morrison Wealth Management bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 29,726 shares of the company’s stock, valued at approximately $3,172,000.

Other hedge funds also recently made changes to their positions in the company. Optiver Holding B.V. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $25,000. United Financial Planning Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $25,000. Financial Life Planners bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $26,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth about $31,000. Finally, Rakuten Securities Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2,535.7% during the fourth quarter. Rakuten Securities Inc. now owns 369 shares of the company’s stock valued at $39,000 after purchasing an additional 355 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.2%

Shares of SPYG opened at $118.28 on Friday. The stock has a market cap of $52.12 billion, a P/E ratio of 32.28 and a beta of 1.17. The business’s 50 day moving average price is $107.58 and its 200-day moving average price is $106.52. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $87.22 and a 52 week high of $120.42.

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.