Wallace Advisory Group LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 28.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,482 shares of the company’s stock after acquiring an additional 2,073 shares during the period. Wallace Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $760,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 24.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 334,557 shares of the company’s stock worth $26,808,000 after purchasing an additional 66,728 shares in the last quarter. NewEdge Advisors LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 14.5% during the second quarter. NewEdge Advisors LLC now owns 371,179 shares of the company’s stock worth $29,743,000 after purchasing an additional 46,991 shares in the last quarter. Elevation Capital Advisory LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $3,939,000. Northeast Financial Consultants Inc lifted its position in SPDR Portfolio S&P 500 Growth ETF by 2.0% in the second quarter. Northeast Financial Consultants Inc now owns 92,246 shares of the company’s stock worth $7,392,000 after purchasing an additional 1,795 shares during the period. Finally, Magnolia Capital Advisors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $7,402,000.
SPDR Portfolio S&P 500 Growth ETF Stock Performance
SPYG opened at $82.49 on Monday. The company has a market capitalization of $28.31 billion, a PE ratio of 27.22 and a beta of 1.14. The stock’s fifty day moving average is $79.27 and its 200-day moving average is $76.97. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $84.16.
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).
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