SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Spectrum Advisors Inc. Boosts Position

Spectrum Advisors Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,650 shares of the company’s stock after purchasing an additional 6,051 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 3.9% of Spectrum Advisors Inc.’s holdings, making the stock its 6th biggest holding. Spectrum Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,619,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $26,000. Evelyn Partners Asset Management Ltd acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $35,000. Oakworth Capital Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $35,000. Center for Financial Planning Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 482.4% during the third quarter. Center for Financial Planning Inc. now owns 297 shares of the company’s stock worth $37,000 after acquiring an additional 246 shares during the period. Finally, Archer Investment Corp boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 527.9% in the first quarter. Archer Investment Corp now owns 383 shares of the company’s stock valued at $38,000 after buying an additional 322 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG traded up $1.01 on Friday, hitting $112.18. 4,645,676 shares of the company were exchanged, compared to its average volume of 3,728,486. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $127.13. The firm has a market capitalization of $52.05 billion, a P/E ratio of 32.28 and a beta of 1.17. The business’s fifty day moving average is $121.21 and its 200 day moving average is $114.37.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.