16,941 Shares in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Purchased by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,941 shares of the company’s stock, valued at approximately $1,357,000.

A number of other hedge funds also recently bought and sold shares of the company. KPP Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 18.6% in the second quarter. KPP Advisory Services LLC now owns 16,420 shares of the company’s stock worth $1,316,000 after buying an additional 2,572 shares during the period. New Century Financial Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $3,625,000. Cetera Investment Advisers lifted its position in SPDR Portfolio S&P 500 Growth ETF by 11.9% in the 2nd quarter. Cetera Investment Advisers now owns 2,454,089 shares of the company’s stock worth $196,646,000 after buying an additional 261,447 shares in the last quarter. Advisory Alpha LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.9% during the 2nd quarter. Advisory Alpha LLC now owns 3,200,240 shares of the company’s stock valued at $256,441,000 after buying an additional 313,466 shares during the period. Finally, Gateway Wealth Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 11.6% during the 2nd quarter. Gateway Wealth Partners LLC now owns 25,638 shares of the company’s stock valued at $2,054,000 after acquiring an additional 2,675 shares in the last quarter.

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

Shares of NYSEARCA:SPYG opened at $82.94 on Tuesday. The firm has a market cap of $28.47 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $56.78 and a 1 year high of $84.16. The business has a fifty day simple moving average of $79.31 and a 200 day simple moving average of $77.07.

SPDR Portfolio S&P 500 Growth ETF 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).