SPDR Portfolio S&P 500 Growth ETF $SPYG is Orgel Wealth Management LLC’s 4th Largest Position

Orgel Wealth Management LLC lowered its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,398,409 shares of the company’s stock after selling 30,708 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 7.7% of Orgel Wealth Management LLC’s holdings, making the stock its 4th biggest position. Orgel Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $404,377,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SPYG. Morgan Stanley increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% in the 4th quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after buying an additional 7,939,766 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the 4th quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after acquiring an additional 990,106 shares during the last quarter. Valpey Financial Services LLC grew its position in SPDR Portfolio S&P 500 Growth ETF by 8,907.1% in the fourth quarter. Valpey Financial Services LLC now owns 689,133 shares of the company’s stock worth $73,530,000 after acquiring an additional 681,482 shares in the last quarter. Stifel Financial Corp grew its position in SPDR Portfolio S&P 500 Growth ETF by 63.8% in the fourth quarter. Stifel Financial Corp now owns 1,729,269 shares of the company’s stock worth $184,514,000 after acquiring an additional 673,790 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $71,180,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $120.89 on Tuesday. The stock has a market capitalization of $53.52 billion, a P/E ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $124.04. The business’s 50 day moving average is $118.86 and its two-hundred day moving average is $112.79.

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). 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.