Capital Management Associates Inc Invests $450,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Capital Management Associates Inc purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 5,429 shares of the company’s stock, valued at approximately $450,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYG. EdgeRock Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $26,000. Crewe Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $28,000. Woodmont Investment Counsel LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $44,000. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $44,000. Finally, Hollencrest Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $49,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG opened at $84.48 on Friday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $85.21. The stock has a 50 day moving average price of $81.70 and a 200 day moving average price of $78.41. The stock has a market capitalization of $29.00 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).