Magnus Financial Group LLC Purchases 4,258 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Magnus Financial Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,311 shares of the company’s stock after purchasing an additional 4,258 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 1.3% of Magnus Financial Group LLC’s portfolio, making the stock its 19th largest position. Magnus Financial Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $14,518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $28,000. Barrett & Company Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $32,000. Security National Bank lifted its position in SPDR Portfolio S&P 500 Growth ETF by 90.9% in the 1st quarter. Security National Bank now owns 443 shares of the company’s stock valued at $36,000 after acquiring an additional 211 shares in the last quarter. Tompkins Financial Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $36,000. Finally, VSM Wealth Advisory LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $38,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.4%

SPYG opened at $103.82 on Thursday. The stock has a market capitalization of $41.53 billion, a P/E ratio of 32.28 and a beta of 1.05. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $105.41. The firm’s fifty day simple moving average is $100.11 and its 200 day simple moving average is $90.93.

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).