Gateway Wealth Partners LLC Increases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Gateway Wealth Partners LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 128.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 132,366 shares of the company’s stock after acquiring an additional 74,367 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $12,960,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SPYG. Waverly Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.5% during the 1st quarter. Waverly Advisors LLC now owns 989,915 shares of the company’s stock valued at $96,923,000 after buying an additional 60,364 shares in the last quarter. Sentinel Advisory Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth approximately $14,609,000. Modern Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 2.2% in the first quarter. Modern Wealth Management LLC now owns 205,461 shares of the company’s stock worth $20,382,000 after buying an additional 4,507 shares in the last quarter. Gibbs Wealth Management grew its position in SPDR Portfolio S&P 500 Growth ETF by 133.9% during the first quarter. Gibbs Wealth Management now owns 393,753 shares of the company’s stock valued at $38,552,000 after acquiring an additional 225,437 shares during the last quarter. Finally, Sei Investments Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 61.4% during the first quarter. Sei Investments Co. now owns 10,890 shares of the company’s stock valued at $1,066,000 after acquiring an additional 4,141 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock opened at $114.96 on Monday. The company has a market capitalization of $50.71 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $122.92. The company’s 50 day moving average price is $118.14 and its two-hundred day moving average price is $110.34.

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.