1,965,092 Shares in SPDR Portfolio S&P 500 Growth ETF $SPYG Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the third quarter, HoldingsChannel reports. The fund purchased 1,965,092 shares of the company’s stock, valued at approximately $241,863,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock valued at $1,129,147,000 after buying an additional 903,774 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% during the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock valued at $478,226,000 after buying an additional 223,140 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $527,447,000. Orgel Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% in the third quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock worth $422,490,000 after buying an additional 34,234 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $375,859,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $111.17 on Friday. The company’s fifty day moving average price is $121.41 and its 200-day moving average price is $114.33. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $127.13. The company has a market capitalization of $51.58 billion, a PE ratio of 32.28 and a beta of 1.17.

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.