SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Acquired by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.5% in the third quarter, HoldingsChannel.com reports. The fund owned 78,528 shares of the company’s stock after purchasing an additional 4,099 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 6.5% of Journey Retirement Planning & Investment Management LLC’s investment portfolio, making the stock its 2nd largest holding. Journey Retirement Planning & Investment Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,665,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SPYG. Financial Life Planners bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth $27,000. Indiana Trust & Investment Management Co bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth $27,000. Evelyn Partners Asset Management Ltd bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $35,000. Archer Investment Corp grew its position in SPDR Portfolio S&P 500 Growth ETF by 527.9% during the 1st quarter. Archer Investment Corp now owns 383 shares of the company’s stock worth $38,000 after acquiring an additional 322 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at approximately $38,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG traded up $0.91 during midday trading on Friday, reaching $125.64. 716,814 shares of the stock traded hands, compared to its average volume of 3,757,659. The company has a fifty day moving average of $121.89 and a 200 day moving average of $116.57. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $127.13. The stock has a market capitalization of $57.84 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.