Established in 1978, State Street Global Advisors launched the first US ETF in 1993. This investment management company has headquarters in Boston, Massachusetts, and manages more than $3tn in client assets as of June 2020. Operating internationally, the organization has served clients in 62 countries as of June 2020. State Street Global Advisors has managed the SPDR Portfolio S&P 500 Growth ETF since its creation in 2000.
Available on the NYSE Arca, the SPDR Portfolio S&P 500 Growth ETF has been assigned the SPYG ticker. As of October 2020, this ETF has provided a 1-year return of 17.68%. In the 52 weeks prior to October 2020, the SPYG share price has fallen to a low of $30.39 in March 2020 before it reached a high of $54.21 in September 2020.
Seeking to hold at least 80% of investments within the S&P 500 Growth Index, this ETF attempts to mirror the investment results of the total return performance of this index. A selection of the top holdings for this ETF include Microsoft Corp, Apple Inc, Amazon.com Inc, Facebook Inc A, and Alphabet Inc A. This ETF has coverage of a large number of sectors with an emphasis on technology.
Track this instrument for the latest news and updates on the current SPYG stock value.