Dahring Cusmano LLC Makes New $859,000 Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Dahring Cusmano LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,773 shares of the company’s stock, valued at approximately $859,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 0.8% of Dahring Cusmano LLC’s investment portfolio, making the stock its 20th biggest position.

A number of other hedge funds have also added to or reduced their stakes in the business. Capital Advisory Group Advisory Services LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 14.4% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 73,293 shares of the company’s stock worth $6,442,000 after purchasing an additional 9,250 shares in the last quarter. Lane & Associates LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 31.2% in the fourth quarter. Lane & Associates LLC now owns 148,298 shares of the company’s stock worth $13,377,000 after purchasing an additional 35,283 shares in the last quarter. Transcend Capital Advisors LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.5% in the fourth quarter. Transcend Capital Advisors LLC now owns 95,584 shares of the company’s stock worth $8,402,000 after purchasing an additional 5,821 shares in the last quarter. Bradley Foster & Sargent Inc. CT bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $337,000. Finally, Compass Capital Corp MA ADV bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $3,268,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $89.59 on Friday. The company has a market cap of $30.75 billion, a P/E ratio of 27.22 and a beta of 1.14. The stock has a 50 day simple moving average of $90.11 and a two-hundred day simple moving average of $85.48. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76.

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).