IFG Advisory LLC Increases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

IFG Advisory LLC raised its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 22.1% during the fourth quarter, Holdings Channel reports. The firm owned 191,899 shares of the company’s stock after buying an additional 34,713 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 0.9% of IFG Advisory LLC’s portfolio, making the stock its 16th largest holding. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $20,476,000 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 the company. Thoroughbred Financial Services LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock valued at $1,854,000 after purchasing an additional 99 shares during the period. Swmg LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 69.3% in the fourth quarter. Swmg LLC now owns 5,712 shares of the company’s stock valued at $600,000 after purchasing an additional 2,338 shares during the period. Kingsview Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,507,349 shares of the company’s stock valued at $160,834,000 after purchasing an additional 120,734 shares during the period. Premier Financial Group purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $62,000. Finally, Waystone Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $2,549,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.0%

Shares of NYSEARCA SPYG opened at $119.72 on Thursday. The firm has a market cap of $52.75 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $88.59 and a 52-week high of $120.42. The business’s 50 day moving average is $108.92 and its two-hundred day moving average is $106.86.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.