SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is CGN Advisors LLC’s 2nd Largest Position

CGN Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 466,294 shares of the company’s stock after purchasing an additional 20,379 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 4.0% of CGN Advisors LLC’s holdings, making the stock its 2nd largest position. CGN Advisors LLC owned approximately 0.14% of SPDR Portfolio S&P 500 Growth ETF worth $40,987,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. Brown Brothers Harriman & Co. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at approximately $36,000. Costello Asset Management INC grew its position in 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 worth $45,000 after acquiring an additional 200 shares in the last quarter. Urban Financial Advisory Corp acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $45,000. Hollencrest Capital Management acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $49,000. Finally, Creekmur Asset Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $89.89 on Friday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $65.51 and a fifty-two week high of $91.49. The stock has a market capitalization of $30.85 billion, a P/E ratio of 27.22 and a beta of 1.14. The business has a 50-day moving average of $88.47 and a two-hundred day moving average of $83.73.

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).