SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) is Wealth Management Resources Inc.’s 3rd Largest Position

Wealth Management Resources Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 225,547 shares of the company’s stock after buying an additional 6,150 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 7.1% of Wealth Management Resources Inc.’s holdings, making the stock its 3rd biggest holding. Wealth Management Resources Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $16,499,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in SPYG. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Growth ETF by 2.9% during the 4th quarter. Allworth Financial LP now owns 12,447,369 shares of the company’s stock worth $809,826,000 after purchasing an additional 350,344 shares during the period. Morgan Stanley boosted its position in SPDR Portfolio S&P 500 Growth ETF by 12.1% during the 3rd quarter. Morgan Stanley now owns 5,745,319 shares of the company’s stock worth $340,583,000 after purchasing an additional 619,609 shares during the period. Ameriprise Financial Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 29.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,248,532 shares of the company’s stock worth $311,126,000 after purchasing an additional 1,183,435 shares during the period. Valmark Advisers Inc. boosted its position in SPDR Portfolio S&P 500 Growth ETF by 0.7% during the 4th quarter. Valmark Advisers Inc. now owns 4,900,227 shares of the company’s stock worth $318,809,000 after purchasing an additional 36,180 shares during the period. Finally, HB Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 2.2% during the 4th quarter. HB Wealth Management LLC now owns 3,911,038 shares of the company’s stock worth $247,360,000 after purchasing an additional 84,644 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPDR Portfolio S&P 500 Growth ETF stock traded up $0.70 during trading on Thursday, reaching $82.11. 1,266,734 shares of the company’s stock were exchanged, compared to its average volume of 2,275,944. The company’s 50-day moving average is $76.30 and its two-hundred day moving average is $71.86. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $82.15. The firm has a market cap of $28.18 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14.

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).