Samalin Investment Counsel LLC Makes New $585,000 Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Samalin Investment Counsel LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,749 shares of the company’s stock, valued at approximately $585,000.

A number of other large investors also recently bought and sold shares of SPYG. The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $375,859,000. AlphaStar Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $176,278,000. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after buying an additional 903,774 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $111,008,000. Finally, Canandaigua National Bank & Trust Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at $71,180,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $118.16 on Monday. The firm has a market capitalization of $54.64 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The company has a 50 day moving average price of $121.95 and a 200 day moving average price of $118.43. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $127.13.

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.