Amara Financial LLC. Takes $306,000 Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Amara Financial LLC. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 3,690 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds have also bought and sold shares of SPYG. EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $26,000. Crewe Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $28,000. Costello Asset Management INC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after acquiring an additional 200 shares during the period. Triad Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $44,000. Finally, Hollencrest Capital Management acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $49,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $85.46 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $62.33 and a 52-week high of $87.94. The firm has a market cap of $29.33 billion, a P/E ratio of 27.22 and a beta of 1.14. The business’s fifty day moving average is $83.35 and its 200-day moving average is $80.04.

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).