8,000 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG Purchased by King Luther Capital Management Corp

King Luther Capital Management Corp bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,000 shares of the company’s stock, valued at approximately $985,000.

A number of other hedge funds have also added to or reduced their stakes in SPYG. Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $26,000. Evelyn Partners Asset Management Ltd purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $35,000. Oakworth Capital Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $35,000. Center for Financial Planning Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 482.4% in the third quarter. Center for Financial Planning Inc. now owns 297 shares of the company’s stock valued at $37,000 after purchasing an additional 246 shares during the period. Finally, Cornerstone Financial Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $38,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.9%

NYSEARCA:SPYG traded down $1.05 during midday trading on Friday, hitting $114.81. The stock had a trading volume of 1,691,340 shares, compared to its average volume of 3,709,818. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $127.13. The company has a market capitalization of $52.86 billion, a price-to-earnings ratio of 25.24 and a beta of 1.17. The stock has a 50-day moving average of $120.66 and a 200 day moving average of $114.57.

About SPDR Portfolio S&P 500 Growth ETF

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.