Cornerstone National Bank & Trust Co Acquires 4,983 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Cornerstone National Bank & Trust Co increased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 57,366 shares of the company’s stock after buying an additional 4,983 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.3% of Cornerstone National Bank & Trust Co’s portfolio, making the stock its 14th largest holding. Cornerstone National Bank & Trust Co’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,078,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% during 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. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after purchasing an additional 223,140 shares during the period. Orgel Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the 3rd 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 during the period. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $375,859,000. Finally, NorthRock Partners LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.0% in the second quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock valued at $276,857,000 after purchasing an additional 132,109 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.0%

SPDR Portfolio S&P 500 Growth ETF stock traded down $0.02 during trading on Tuesday, hitting $121.32. The stock had a trading volume of 1,261,415 shares, compared to its average volume of 3,702,582. The stock’s 50 day moving average is $122.16 and its two-hundred day moving average is $117.85. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13. The stock has a market cap of $56.10 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.