SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Spectrum Advisors Inc. Grows Holdings

Spectrum Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,650 shares of the company’s stock after acquiring an additional 6,051 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 3.9% of Spectrum Advisors Inc.’s portfolio, making the stock its 6th biggest position. Spectrum Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,619,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPYG. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after acquiring an additional 903,774 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $527,447,000. Valmark Advisers Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 4.8% in the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock valued at $478,226,000 after purchasing an additional 223,140 shares during the period. Orgel Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock worth $422,490,000 after purchasing an additional 34,234 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth about $375,859,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.9%

NYSEARCA:SPYG traded up $1.01 on Friday, reaching $112.18. The stock had a trading volume of 4,645,676 shares, compared to its average volume of 3,728,486. The company has a 50-day moving average of $121.21 and a 200 day moving average of $114.37. The stock has a market cap of $52.05 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month 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.