Investors Research Corp Acquires 10,864 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Investors Research Corp raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.4% in the third quarter, Holdings Channel.com reports. The firm owned 158,128 shares of the company’s stock after acquiring an additional 10,864 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 2.9% of Investors Research Corp’s holdings, making the stock its 2nd largest holding. Investors Research Corp’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EdgeRock Capital LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $26,000. Crewe Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $28,000. Triad Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $44,000. Costello Asset Management INC grew its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares during the period. Finally, Hollencrest Capital Management acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $49,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG traded down $0.33 during trading hours on Thursday, hitting $85.91. The stock had a trading volume of 203,909 shares, compared to its average volume of 2,283,475. The stock has a market capitalization of $29.49 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $62.33 and a 52 week high of $87.94. The company’s fifty day moving average is $83.82 and its two-hundred day moving average is $80.28.

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).