BCS Wealth Management Has $11.61 Million Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

BCS Wealth Management decreased its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 46.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 118,612 shares of the company’s stock after selling 101,951 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 2.4% of BCS Wealth Management’s holdings, making the stock its 7th largest holding. BCS Wealth Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,613,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Morgan Stanley grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% during the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after acquiring an additional 990,106 shares in the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after acquiring an additional 61,348 shares during the period. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 4.7% in the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock valued at $615,481,000 after acquiring an additional 258,138 shares during the period. Finally, Horizon Investments LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 1.0% in the fourth quarter. Horizon Investments LLC now owns 5,389,258 shares of the company’s stock worth $575,034,000 after purchasing an additional 52,598 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 2.4%

Shares of SPYG opened at $115.69 on Wednesday. The stock has a market cap of $50.98 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $92.40 and a 12 month high of $122.92. The company has a 50-day moving average price of $116.16 and a two-hundred day moving average price of $108.64.

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.