Concorde Asset Management LLC Purchases New Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Concorde Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,813 shares of the company’s stock, valued at approximately $466,000.

Several other hedge funds also recently modified their holdings of 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 $26,000. Northwest Investment Counselors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $26,000. Crewe Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter worth about $28,000. Pineridge Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth approximately $31,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $44,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $80.41 on Thursday. The company has a 50 day moving average price of $79.17 and a 200 day moving average price of $76.45. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $84.16. The stock has a market capitalization of $27.60 billion, a PE ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF Company 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).