Sax Wealth Advisors LLC Acquires 13,711 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Sax Wealth Advisors LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 620.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,920 shares of the company’s stock after buying an additional 13,711 shares during the period. Sax Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,894,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Morgan Stanley lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after acquiring an additional 7,939,766 shares during the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8.7% during the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock worth $1,321,474,000 after acquiring an additional 990,106 shares during the last quarter. Valpey Financial Services LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 8,907.1% during the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after acquiring an additional 681,482 shares during the last quarter. Stifel Financial Corp increased its stake in SPDR Portfolio S&P 500 Growth ETF by 63.8% during the fourth quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock worth $184,514,000 after acquiring an additional 673,790 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 81.4% during the fourth quarter. Benjamin Edwards Inc. now owns 1,342,569 shares of the company’s stock valued at $143,254,000 after purchasing an additional 602,485 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock opened at $123.02 on Monday. The company has a market cap of $54.46 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $124.04. The stock’s 50 day simple moving average is $118.02 and its two-hundred day simple moving average is $111.10.

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.