HM Payson & Co. Purchases 1,600 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

HM Payson & Co. increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 851.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,788 shares of the company’s stock after acquiring an additional 1,600 shares during the period. HM Payson & Co.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $148,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Raleigh Capital Management Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 5.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $201,000 after purchasing an additional 122 shares during the period. CENTRAL TRUST Co grew its position in SPDR Portfolio S&P 500 Growth ETF by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,227 shares of the company’s stock valued at $102,000 after buying an additional 134 shares during the period. Arkfeld Wealth Strategies L.L.C. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,911 shares of the company’s stock worth $1,322,000 after buying an additional 145 shares during the last quarter. Cahaba Wealth Management Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 2.8% in the second quarter. Cahaba Wealth Management Inc. now owns 5,487 shares of the company’s stock worth $440,000 after acquiring an additional 149 shares during the period. Finally, JT Stratford LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 3.5% in the first quarter. JT Stratford LLC now owns 4,817 shares of the company’s stock valued at $352,000 after acquiring an additional 162 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.7 %

Shares of SPYG stock opened at $82.97 on Friday. The firm has a market cap of $28.48 billion, a P/E ratio of 27.22 and a beta of 1.14. The company has a 50 day moving average of $82.00 and a 200-day moving average of $78.81. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $59.07 and a 12-month high of $85.46.

About SPDR Portfolio S&P 500 Growth ETF

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).