Stone Summit Wealth LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 20.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,446 shares of the company’s stock after buying an additional 12,256 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 2.5% of Stone Summit Wealth LLC’s holdings, making the stock its 10th biggest holding. Stone Summit Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $9,040,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SPYG. SmartHarvest Portfolios LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.7% in the 1st quarter. SmartHarvest Portfolios LLC now owns 5,804 shares of the company’s stock valued at $568,000 after acquiring an additional 96 shares in the last quarter. Gilpin Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.1% in the third quarter. Gilpin Wealth Management LLC now owns 3,460 shares of the company’s stock worth $426,000 after acquiring an additional 105 shares during the last quarter. FAS Wealth Partners Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the first quarter. FAS Wealth Partners Inc. now owns 1,711 shares of the company’s stock worth $168,000 after acquiring an additional 118 shares during the last quarter. Certified Advisory Corp raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.1% in the first quarter. Certified Advisory Corp now owns 10,682 shares of the company’s stock worth $1,046,000 after acquiring an additional 119 shares during the last quarter. Finally, Advus Financial Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.1% in the second quarter. Advus Financial Partners LLC now owns 11,277 shares of the company’s stock worth $1,342,000 after acquiring an additional 119 shares during the last quarter.
SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0%
Shares of SPYG stock opened at $125.13 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $127.13. The firm’s 50 day moving average is $122.23 and its 200-day moving average is $117.12. The firm has a market capitalization of $57.87 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.
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