Golden State Equity Partners Increases Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Golden State Equity Partners boosted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 28.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 136,250 shares of the company’s stock after acquiring an additional 30,090 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.2% of Golden State Equity Partners’ investment portfolio, making the stock its 5th biggest holding. Golden State Equity Partners’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $8,867,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SPYG. Lantz Financial LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% during the 4th quarter. Lantz Financial LLC now owns 12,239 shares of the company’s stock worth $796,000 after purchasing an additional 154 shares during the period. Private Ocean LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 11.7% in the third quarter. Private Ocean LLC now owns 1,838 shares of the company’s stock worth $109,000 after buying an additional 192 shares during the period. First Horizon Advisors Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 20.7% in the third quarter. First Horizon Advisors Inc. now owns 1,141 shares of the company’s stock valued at $68,000 after buying an additional 196 shares during the last quarter. Lwmg LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.0% during the third quarter. Lwmg LLC now owns 10,066 shares of the company’s stock valued at $597,000 after acquiring an additional 202 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% during the third quarter. Ausdal Financial Partners Inc. now owns 58,642 shares of the company’s stock valued at $3,476,000 after acquiring an additional 202 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.9 %

SPYG stock opened at $71.52 on Friday. The stock has a market cap of $24.39 billion, a PE ratio of 27.72 and a beta of 1.10. The firm’s 50-day simple moving average is $71.92 and its 200 day simple moving average is $66.77. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $54.73 and a fifty-two week high of $74.10.

SPDR Portfolio S&P 500 Growth ETF 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).