SPDR Portfolio S&P 500 Growth ETF $SPYG Stake Raised by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.4% in the third quarter, HoldingsChannel.com reports. The firm owned 118,894 shares of the company’s stock after acquiring an additional 7,148 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.9% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 9th largest holding. Bridgewealth Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gilbert Capital Group Inc. acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth about $5,086,000. SCS Capital Management LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.4% during the second quarter. SCS Capital Management LLC now owns 1,836,568 shares of the company’s stock worth $175,062,000 after purchasing an additional 43,304 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 32.3% in the second quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock valued at $1,977,000 after purchasing an additional 5,065 shares in the last quarter. Canandaigua National Bank & Trust Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.9% in the third quarter. Canandaigua National Bank & Trust Co. now owns 576,979 shares of the company’s stock valued at $60,300,000 after purchasing an additional 5,200 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 23.5% in the third quarter. Fifth Third Wealth Advisors LLC now owns 221,649 shares of the company’s stock valued at $23,165,000 after purchasing an additional 42,146 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.5%

Shares of NYSEARCA:SPYG opened at $107.74 on Wednesday. The firm has a 50 day simple moving average of $106.52 and a 200-day simple moving average of $102.53. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $109.63. The company has a market capitalization of $45.68 billion, a PE ratio of 32.28 and a beta of 1.11.

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). 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.