Balanced Wealth Group LLC Boosts Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Balanced Wealth Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 251,650 shares of the company’s stock after purchasing an additional 10,032 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up approximately 10.7% of Balanced Wealth Group LLC’s holdings, making the stock its 3rd largest position. Balanced Wealth Group LLC owned 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $24,706,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Brighton Jones LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.9% in the 4th quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock valued at $277,000 after acquiring an additional 204 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 141.7% during the 1st quarter. Arkadios Wealth Advisors now owns 8,252 shares of the company’s stock worth $663,000 after purchasing an additional 4,838 shares in the last quarter. Jefferies Financial Group Inc. increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the first quarter. Jefferies Financial Group Inc. now owns 5,949 shares of the company’s stock valued at $478,000 after purchasing an additional 255 shares during the period. ProVise Management Group LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.5% during the first quarter. ProVise Management Group LLC now owns 5,464 shares of the company’s stock valued at $439,000 after purchasing an additional 132 shares during the period. Finally, Moors & Cabot Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 6.8% in the first quarter. Moors & Cabot Inc. now owns 3,370 shares of the company’s stock valued at $271,000 after purchasing an additional 215 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $107.04 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The firm’s fifty day moving average price is $105.35 and its two-hundred day moving average price is $99.23. The company has a market capitalization of $44.99 billion, a P/E ratio of 32.28 and a beta of 1.11.

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).