BIP Wealth LLC Purchases 17,473 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

BIP Wealth LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.8% in the first quarter, Holdings Channel reports. The fund owned 241,492 shares of the company’s stock after acquiring an additional 17,473 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 1.0% of BIP Wealth LLC’s investment portfolio, making the stock its 20th biggest holding. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $23,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. United Financial Planning Group LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $25,000. Financial Life Planners bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after buying an additional 216 shares during the last quarter. New Millennium Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $29,000. Finally, Pittenger & Anderson Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at approximately $31,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $117.20 on Friday. The business’s 50 day moving average is $117.34 and its two-hundred day moving average is $109.16. The company has a market cap of $52.07 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $122.92.

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.