Scarborough Advisors LLC Has $12.93 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Scarborough Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5,964.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,015 shares of the company’s stock after purchasing an additional 129,838 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.4% of Scarborough Advisors LLC’s portfolio, making the stock its 26th largest position. Scarborough Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,926,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SPYG. United Financial Planning Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $25,000. Hantz Financial Services Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares during the last quarter. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $27,000. Indiana Trust & Investment Management Co bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $27,000. Finally, New Millennium Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $116.25 on Monday. The company has a market capitalization of $51.32 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The business has a 50-day simple moving average of $118.34 and a two-hundred day simple moving average of $110.01.

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). 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.