Saxony Capital Management LLC Purchases 2,172 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Saxony Capital Management LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 37,970 shares of the company’s stock after acquiring an additional 2,172 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 2.9% of Saxony Capital Management LLC’s holdings, making the stock its 7th largest position. Saxony Capital Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $3,338,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SPYG. Brown Brothers Harriman & Co. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $36,000. Valued Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at approximately $41,000. Costello Asset Management INC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after purchasing an additional 200 shares during the period. Urban Financial Advisory Corp purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $45,000. Finally, West Branch Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after purchasing an additional 513 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.9 %

Shares of NYSEARCA:SPYG opened at $90.65 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $66.89 and a fifty-two week high of $92.76. The firm’s 50-day simple moving average is $89.14 and its 200-day simple moving average is $84.18. The company has a market cap of $31.12 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).