ERn Financial LLC Has $41.93 Million Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

ERn Financial LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.5% during the third quarter, HoldingsChannel reports. The firm owned 401,200 shares of the company’s stock after acquiring an additional 6,031 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 8.3% of ERn Financial LLC’s holdings, making the stock its biggest position. ERn Financial LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $41,929,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of SPYG. Probity Advisors Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 2.9% in the third quarter. Probity Advisors Inc. now owns 133,845 shares of the company’s stock valued at $13,988,000 after purchasing an additional 3,718 shares in the last quarter. UNIVEST FINANCIAL Corp raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.4% during the third quarter. UNIVEST FINANCIAL Corp now owns 85,609 shares of the company’s stock valued at $8,947,000 after buying an additional 5,129 shares during the last quarter. Facet Wealth Inc. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $266,000. Guardian Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.7% during the third quarter. Guardian Wealth Advisors LLC now owns 111,770 shares of the company’s stock worth $11,681,000 after purchasing an additional 7,056 shares during the period. Finally, BIP Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 18.4% during the third quarter. BIP Wealth LLC now owns 179,674 shares of the company’s stock valued at $18,778,000 after acquiring an additional 27,911 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $106.51 on Friday. The stock’s 50 day simple moving average is $106.52 and its 200 day simple moving average is $103.48. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63. The firm has a market cap of $45.33 billion, a PE ratio of 32.28 and a beta of 1.11.

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). 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.