Drake & Associates LLC Grows Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Drake & Associates LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.1% during the third quarter, Holdings Channel.com reports. The firm owned 263,161 shares of the company’s stock after acquiring an additional 2,778 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for about 7.0% of Drake & Associates LLC’s portfolio, making the stock its 5th biggest position. Drake & Associates LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $21,827,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EdgeRock Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $26,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $26,000. Crewe Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $28,000. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth about $44,000. Finally, Woodmont Investment Counsel LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $44,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $84.02 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $84.91. The firm has a market capitalization of $28.84 billion, a PE ratio of 27.22 and a beta of 1.14. The company’s 50-day moving average is $80.98 and its 200 day moving average is $77.93.

SPDR Portfolio S&P 500 Growth ETF Company 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).