BCS Wealth Management Purchases 111,925 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

BCS Wealth Management grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 103.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 220,563 shares of the company’s stock after purchasing an additional 111,925 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 2.4% of BCS Wealth Management’s investment portfolio, making the stock its 6th largest position. BCS Wealth Management owned approximately 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $23,534,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPYG. Brighton Jones LLC raised its holdings in shares of 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 purchasing an additional 204 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 91.0% during the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock worth $4,824,000 after buying an additional 28,598 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after buying an additional 316 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $357,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 2.1%

Shares of NYSEARCA:SPYG opened at $107.95 on Wednesday. The company has a market capitalization of $46.57 billion, a PE ratio of 32.28 and a beta of 1.15. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $73.51 and a twelve month high of $109.63. The firm has a 50 day simple moving average of $102.36 and a 200-day simple moving average of $104.93.

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). 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.