Shum Financial Group Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 29,807 shares of the company’s stock, valued at approximately $2,499,000. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.1% of Shum Financial Group Inc.’s holdings, making the stock its 11th biggest holding.
Other large investors have also added to or reduced their stakes in the company. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $26,000. Brown Brothers Harriman & Co. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $36,000. Triad Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $44,000. Costello Asset Management INC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares during the period. Finally, Hollencrest Capital Management bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $49,000.
SPDR Portfolio S&P 500 Growth ETF Price Performance
NYSEARCA SPYG traded up $0.61 during mid-day trading on Tuesday, reaching $86.98. 112,837 shares of the stock were exchanged, compared to its average volume of 2,290,409. The stock has a market cap of $29.86 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a one year low of $62.33 and a one year high of $87.94. The stock has a 50 day simple moving average of $84.16 and a 200-day simple moving average of $80.61.
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).
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