Foguth Wealth Management LLC. lowered its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG – Free Report) by 3.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 253,820 shares of the company’s stock after selling 7,935 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 3.1% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 9th biggest holding. Foguth Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $30,522,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of SPYG. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after acquiring an additional 903,774 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% during the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after acquiring an additional 223,140 shares in the last quarter. Orgel Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock worth $422,490,000 after acquiring an additional 34,234 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the second quarter worth $375,859,000. Finally, NorthRock Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.0% during the second quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock worth $276,857,000 after acquiring an additional 132,109 shares in the last quarter.
SPDR Portfolio S&P 500 Growth ETF Price Performance
SPYG traded up $1.37 during trading on Monday, reaching $121.62. 873,297 shares of the stock traded hands, compared to its average volume of 3,708,490. The stock has a market cap of $56.25 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $93.61 and a fifty-two week high of $127.13. The stock’s 50-day simple moving average is $122.19 and its two-hundred day simple moving average is $117.68.
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.
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