Garrett Wealth Advisory Group LLC Buys 5,173 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Garrett Wealth Advisory Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 394,516 shares of the company’s stock after acquiring an additional 5,173 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for 8.0% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 3rd largest position. Garrett Wealth Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $41,231,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SPYG. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the third quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after buying an additional 754,395 shares during the period. Ameriprise Financial Inc. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 0.6% during 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. raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after acquiring an additional 198,401 shares in the last quarter. HB Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 9.2% in the 3rd quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock valued at $479,781,000 after acquiring an additional 402,591 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the 3rd quarter. Valmark Advisers Inc. now owns 4,645,016 shares of the company’s stock worth $485,451,000 after acquiring an additional 52,840 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.2%

Shares of SPYG stock opened at $102.57 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63. The company has a market capitalization of $43.75 billion, a P/E ratio of 32.28 and a beta of 1.11. The stock has a 50 day moving average of $105.15 and a two-hundred day moving average of $105.23.

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.