VOOG - Growth focused ETFs VOOG & SPYG hit 6-month trading highs

2023-04-03 10:23:38 ET

Growth focused exchange traded funds top a six-moth trading high as Wall Street kicks off the second quarter. Two funds in particular that have notched 6-month highs include the popular Vanguard S&P 500 Growth ( NYSEARCA: VOOG ) and the SPDR Portfolio S&P 500 Growth ( NYSEARCA: SPYG ).

Both VOOG and SPYG trade near levels not seen since mid-September of 2022. Currently VOOG hovers near $231.40 a share while SPYG trades near $55.60 a share.

Growth names have traded strongly over the first three trading months of 2023 as the Nasdaq Composite ( COMP.IND ) has now gained 15.2% year-to-date. Many of VOOG’s and SPYG’s holdings fall in the tech composite which has helped fuel their topside moves.

So far in 2023 VOOG has gained 10.6% and SPYG jumped up 10.5% .

While VOOG and SPYG trade at six-month highs, they are not the only growth oriented funds that are hovering near these levels. Other growth funds that are also trading around 6-month highs includes the following:

• iShares MSCI EAFE Growth Index ( EFG )
• Vanguard MSCI Mega Cap 300 Growth ( MGK )
• Schwab Dow Jones U.S. Large Cap Growth ( SCHG )
• Vanguard U.S. LargeCap Growth ( NYSEARCA: VUG )
• Vanguard Russell 1000 Growth ETF ( VONG )
• iShares Russell 1000 Growth ( NYSEARCA: IWF )
• iShares Russell Top 200 Growth ( IWY )
• iShares Core U.S. Growth ( IUSG )
• iShares S&P 500 Growth Index Fund ( IVW )

In other growth-related news, Seeking Alpha has constructed a list of the top 10 growth stocks that boast a market cap of at least $1B or more. See some of the names that made the list here.

For further details see: