SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Cornerstone National Bank & Trust Co Boosts Holdings

Cornerstone National Bank & Trust Co raised its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 9.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,366 shares of the company’s stock after buying an additional 4,983 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 2.3% of Cornerstone National Bank & Trust Co’s holdings, making the stock its 14th largest holding. Cornerstone National Bank & Trust Co’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYG. Envestnet Asset Management Inc. boosted its position 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 worth $1,129,147,000 after buying an additional 903,774 shares during the period. Valmark Advisers Inc. lifted its holdings 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 worth $478,226,000 after purchasing an additional 223,140 shares during the period. Orgel Wealth Management LLC grew its stake 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 purchasing an additional 34,234 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth $375,859,000. Finally, NorthRock Partners LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.0% during the 2nd quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock worth $276,857,000 after buying an additional 132,109 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0%

NYSEARCA:SPYG traded down $0.02 on Tuesday, reaching $121.32. 1,261,415 shares of the stock traded hands, compared to its average volume of 3,702,582. The firm has a market capitalization of $56.10 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The company’s 50 day moving average is $122.16 and its 200-day moving average is $117.85. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $127.13.

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.