Beacon Capital Management LLC Purchases 1,864 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Beacon Capital Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 167.3% in the 1st quarter, Holdings Channel reports. The fund owned 2,978 shares of the company’s stock after acquiring an additional 1,864 shares during the quarter. Beacon Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $239,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYG. Tallon Kerry Patrick bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at approximately $268,000. Ironwood Wealth Management LLC. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth $360,000. Brighton Jones LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.9% in the 4th quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after purchasing an additional 204 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 25.8% in the 4th quarter. Sanctuary Advisors LLC now owns 227,081 shares of the company’s stock worth $20,585,000 after purchasing an additional 46,513 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 4th quarter. Truist Financial Corp now owns 276,710 shares of the company’s stock worth $24,323,000 after purchasing an additional 1,035 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.8%

SPDR Portfolio S&P 500 Growth ETF stock opened at $91.37 on Wednesday. The firm has a market cap of $35.31 billion, a price-to-earnings ratio of 29.85 and a beta of 1.12. The stock has a fifty day simple moving average of $85.56 and a two-hundred day simple moving average of $86.50. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $92.76.

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).