49 Wealth Management LLC Buys 3,128 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

49 Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 19.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,602 shares of the company’s stock after acquiring an additional 3,128 shares during the quarter. 49 Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,868,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SPYG. Envestnet Asset Management Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 77.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock valued at $974,928,000 after purchasing an additional 4,470,135 shares during the last quarter. Truist Financial Corp grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 662.1% during the second quarter. Truist Financial Corp now owns 2,059,594 shares of the company’s stock valued at $196,320,000 after buying an additional 1,789,329 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $99,999,000. SCS Capital Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 94.1% during the first quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock valued at $144,125,000 after acquiring an additional 869,311 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 9,486.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 851,088 shares of the company’s stock worth $81,126,000 after acquiring an additional 842,210 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $105.23 on Monday. The stock has a market capitalization of $44.23 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The business has a fifty day moving average price of $104.36 and a 200-day moving average price of $97.12.

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).