Focused Wealth Management Inc Increases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Focused Wealth Management Inc boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,502,441 shares of the company’s stock after purchasing an additional 41,640 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 15.3% of Focused Wealth Management Inc’s portfolio, making the stock its biggest position. Focused Wealth Management Inc’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $147,104,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Keudell Morrison Wealth Management lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 1st quarter. Keudell Morrison Wealth Management now owns 30,030 shares of the company’s stock worth $2,940,000 after buying an additional 304 shares during the period. Faithward Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.1% during the first quarter. Faithward Advisors LLC now owns 54,238 shares of the company’s stock valued at $5,310,000 after buying an additional 3,129 shares during the period. Hamilton Capital Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 26.5% in the first quarter. Hamilton Capital Partners LLC now owns 72,957 shares of the company’s stock valued at $7,143,000 after acquiring an additional 15,300 shares in the last quarter. Nottingham Advisors Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the first quarter. Nottingham Advisors Inc. now owns 426,674 shares of the company’s stock valued at $41,776,000 after acquiring an additional 29,580 shares in the last quarter. Finally, Steph & Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 53.7% in the first quarter. Steph & Co. now owns 1,019 shares of the company’s stock worth $100,000 after acquiring an additional 356 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $115.69 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $92.40 and a 1 year high of $122.92. The firm’s 50-day moving average is $116.16 and its two-hundred day moving average is $108.64. The stock has a market cap of $50.98 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

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.