SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Bought by Motive Wealth Advisors

Motive Wealth Advisors grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 25.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 82,939 shares of the company’s stock after buying an additional 16,875 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up 3.6% of Motive Wealth Advisors’ investment portfolio, making the stock its 10th biggest position. Motive Wealth Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,906,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYG. Exchange Traded Concepts LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $99,999,000. SCS Capital Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 94.1% during the first quarter. SCS Capital Management LLC now owns 1,793,264 shares of the company’s stock worth $144,125,000 after purchasing an additional 869,311 shares during the period. Ameriprise Financial Inc. grew its stake in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the first quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock worth $701,653,000 after purchasing an additional 583,587 shares during the period. HighTower Advisors LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 33.5% during the first quarter. HighTower Advisors LLC now owns 2,207,192 shares of the company’s stock worth $177,392,000 after purchasing an additional 553,803 shares during the period. Finally, Orgel Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 11.6% during the first quarter. Orgel Wealth Management LLC now owns 3,692,948 shares of the company’s stock worth $296,802,000 after purchasing an additional 382,969 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $103.82 on Thursday. The business has a 50 day simple moving average of $100.11 and a 200 day simple moving average of $90.93. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $105.41. The stock has a market capitalization of $41.53 billion, a P/E ratio of 32.28 and a beta of 1.05.

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).