IFG Advisory LLC Boosts Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

IFG Advisory LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 56.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 145,979 shares of the company’s stock after acquiring an additional 52,567 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 0.7% of IFG Advisory LLC’s holdings, making the stock its 23rd largest position. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,915,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quaker Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% during the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after purchasing an additional 457 shares during the period. Flaharty Asset Management LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth approximately $28,000. Tompkins Financial Corp purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $36,000. Pacifica Partners Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1,562.5% in the second quarter. Pacifica Partners Inc. now owns 399 shares of the company’s stock worth $38,000 after acquiring an additional 375 shares in the last quarter. Finally, VSM Wealth Advisory LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at $38,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 1.5%

NYSEARCA:SPYG opened at $107.70 on Friday. The firm’s fifty day simple moving average is $103.52 and its 200 day simple moving average is $95.60. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $109.63. The firm has a market capitalization of $45.24 billion, a price-to-earnings 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).