Portside Wealth Group LLC Has $10.19 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Portside Wealth Group LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,873 shares of the company’s stock after buying an additional 10,222 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 1.7% of Portside Wealth Group LLC’s investment portfolio, making the stock its 5th largest holding. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $10,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYG. EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at approximately $26,000. Crewe Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $44,000. Hollencrest Capital Management purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at $49,000. Finally, Family Asset Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 66.8% during the 2nd quarter. Family Asset Management LLC now owns 619 shares of the company’s stock valued at $50,000 after purchasing an additional 248 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.5 %

Shares of SPYG opened at $87.35 on Friday. The business’s fifty day simple moving average is $82.36 and its two-hundred day simple moving average is $79.22. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $60.18 and a 12 month high of $87.43. The company has a market cap of $29.98 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).