Concord Asset Management LLC VA Buys 73,225 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Concord Asset Management LLC VA raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 55.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 204,147 shares of the company’s stock after buying an additional 73,225 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 3.9% of Concord Asset Management LLC VA’s portfolio, making the stock its 7th biggest position. Concord Asset Management LLC VA’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $21,335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. ERn Financial LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 1.5% during the third quarter. ERn Financial LLC now owns 401,200 shares of the company’s stock worth $41,929,000 after purchasing an additional 6,031 shares during the period. Gilbert Capital Group Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at approximately $5,086,000. Cresset Asset Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 32.3% in the second quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock valued at $1,977,000 after buying an additional 5,065 shares during the last quarter. First Horizon Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $1,266,000. Finally, Alta Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.1% during the 3rd quarter. Alta Wealth Advisors LLC now owns 321,743 shares of the company’s stock worth $33,625,000 after acquiring an additional 29,634 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 2.5%

SPYG opened at $104.96 on Friday. The stock’s fifty day simple moving average is $106.92 and its 200 day simple moving average is $104.26. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The stock has a market cap of $44.77 billion, a PE ratio of 32.28 and a beta of 1.11.

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.