Gateway Wealth Partners LLC Acquires 74,367 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Gateway Wealth Partners LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 128.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 132,366 shares of the company’s stock after purchasing an additional 74,367 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,960,000 as of its most recent SEC filing.

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

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $114.96 on Monday. The business’s fifty day simple moving average is $118.14 and its two-hundred day simple moving average is $110.34. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92. The company has a market capitalization of $50.71 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.