Cornerstone Wealth Group LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 132.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 53,755 shares of the company’s stock after purchasing an additional 30,659 shares during the period. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,736,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of SPYG. Optiver Holding B.V. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $25,000. United Financial Planning Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $25,000. Clayton Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $26,000. Financial Life Planners bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $26,000. Finally, CGC Financial Services LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $30,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
SPYG opened at $109.37 on Thursday. The company has a 50-day moving average of $102.47 and a 200-day moving average of $104.96. The company has a market capitalization of $47.18 billion, a P/E ratio of 32.28 and a beta of 1.15. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $73.51 and a 1-year high of $109.63.
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). 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.
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