Foresight Capital Management Advisors Inc. Invests $5.07 Million in SPDR Portfolio S&P 500 Growth ETF $SPYG

Foresight Capital Management Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 42,612 shares of the company’s stock, valued at approximately $5,070,000. SPDR Portfolio S&P 500 Growth ETF comprises approximately 2.5% of Foresight Capital Management Advisors Inc.’s investment portfolio, making the stock its 11th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYG. N.E.W. Advisory Services LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 42.5% in the 4th quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock valued at $4,000,000 after acquiring an additional 11,188 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 9.4% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 98,671 shares of the company’s stock worth $10,528,000 after acquiring an additional 8,450 shares during the last quarter. Sightline Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 17.4% during the 4th quarter. Sightline Wealth Advisors LLC now owns 44,368 shares of the company’s stock worth $4,734,000 after purchasing an additional 6,575 shares during the period. Meridian Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 49.7% during the 4th quarter. Meridian Wealth Management LLC now owns 94,548 shares of the company’s stock worth $10,088,000 after purchasing an additional 31,383 shares during the period. Finally, SmartHarvest Portfolios LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $609,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock opened at $123.02 on Friday. The company has a market capitalization of $54.46 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $124.04. The firm has a 50 day moving average price of $118.02 and a 200 day moving average price of $111.07.

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.