Portside Wealth Group LLC Increases Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Portside Wealth Group LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 190,185 shares of the company’s stock after buying an additional 11,899 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 2.4% of Portside Wealth Group LLC’s investment portfolio, making the stock its 4th biggest position. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $15,285,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SPYG. BankPlus Trust Department bought a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $25,000. Nemes Rush Group LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 108.1% during the fourth quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock worth $25,000 after acquiring an additional 146 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 226.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 574 shares of the company’s stock worth $50,000 after acquiring an additional 398 shares in the last quarter. Ameriflex Group Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth about $53,000. Finally, Lindbrook Capital LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 309.4% in the 4th quarter. Lindbrook Capital LLC now owns 651 shares of the company’s stock worth $57,000 after purchasing an additional 492 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $91.43 on Monday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $92.76. The company has a 50-day simple moving average of $83.27 and a two-hundred day simple moving average of $86.26. The company has a market capitalization of $35.33 billion, a price-to-earnings ratio of 29.85 and a beta of 1.12.

SPDR Portfolio S&P 500 Growth ETF Company 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).