SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Shares Purchased by WealthTrust Asset Management LLC

WealthTrust Asset Management LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 208.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,930 shares of the company’s stock after purchasing an additional 16,163 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 1.4% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 18th biggest position. WealthTrust Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,918,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SPYG. Northwest Investment Counselors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter worth $26,000. EdgeRock Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth about $26,000. Crewe Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 1st quarter valued at about $28,000. Pineridge Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $31,000. Finally, Woodmont Investment Counsel LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $44,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 2.5 %

Shares of SPYG opened at $82.35 on Friday. The company has a market capitalization of $28.27 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16. The stock has a 50 day moving average price of $79.17 and a 200 day moving average price of $76.49.

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).