RDA Financial Network Has $3.94 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

RDA Financial Network increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,489 shares of the company’s stock after purchasing an additional 5,052 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 1.2% of RDA Financial Network’s investment portfolio, making the stock its 17th largest position. RDA Financial Network’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,939,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $26,000. EdgeRock Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $26,000. Crewe Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $28,000. Woodmont Investment Counsel LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $44,000. Finally, Triad Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth $44,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock traded down $1.12 during trading on Tuesday, hitting $83.59. The company had a trading volume of 1,134,595 shares, compared to its average volume of 2,267,769. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $84.91. The firm has a market capitalization of $28.69 billion, a P/E ratio of 27.22 and a beta of 1.14. The stock’s 50-day moving average price is $80.41 and its 200 day moving average price is $77.77.

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).