Waldron Private Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,696 shares of the company’s stock, valued at approximately $1,440,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in 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 acquiring an additional 903,774 shares during the period. Valmark Advisers Inc. grew its position in shares of 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. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $527,447,000. Orgel Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock valued at $422,490,000 after purchasing an additional 34,234 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $375,859,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
Shares of SPYG stock traded up $1.01 on Friday, reaching $112.18. 4,645,676 shares of the company were exchanged, compared to its average volume of 3,728,486. The company has a market cap of $52.05 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a 50-day moving average price of $121.21 and a 200 day moving average price of $114.37. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13.
SPDR Portfolio S&P 500 Growth ETF 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.
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