StoneCrest Wealth Management Inc. Purchases New Shares in SPDR Portfolio S&P 500 Growth ETF $SPYG

StoneCrest Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 29,727 shares of the company’s stock, valued at approximately $3,537,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYG. Roan Capital Partners grew its stake in SPDR Portfolio S&P 500 Growth ETF by 3.3% during the 2nd quarter. Roan Capital Partners now owns 42,816 shares of the company’s stock valued at $5,095,000 after purchasing an additional 1,361 shares in the last quarter. Sax Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 620.7% during the 2nd quarter. Sax Wealth Advisors LLC now owns 15,920 shares of the company’s stock valued at $1,894,000 after buying an additional 13,711 shares during the last quarter. Everpar Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 41.8% during the second quarter. Everpar Advisors LLC now owns 64,889 shares of the company’s stock worth $7,721,000 after buying an additional 19,125 shares in the last quarter. Breakwater Capital Group grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.5% during the second quarter. Breakwater Capital Group now owns 89,548 shares of the company’s stock worth $10,655,000 after buying an additional 459 shares in the last quarter. Finally, Sunburst Financial Group LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.2% in the second quarter. Sunburst Financial Group LLC now owns 370,318 shares of the company’s stock worth $44,064,000 after buying an additional 14,839 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG opened at $123.02 on Monday. The company has a 50-day moving average of $118.02 and a 200-day moving average of $111.10. The company has a market capitalization of $54.46 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.04.

SPDR Portfolio S&P 500 Growth ETF Company 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.