GGM Financials LLC Buys Shares of 14,773 SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

GGM Financials LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,773 shares of the company’s stock, valued at approximately $1,184,000. SPDR Portfolio S&P 500 Growth ETF accounts for 1.1% of GGM Financials LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other hedge funds also recently bought and sold shares of SPYG. Northwest Investment Counselors LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at approximately $26,000. EdgeRock Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth $26,000. Crewe Advisors LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at $28,000. Pineridge Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $31,000. Finally, Headlands Technologies LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $32,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.1 %

Shares of NYSEARCA SPYG traded up $0.84 during mid-day trading on Friday, reaching $80.75. The company had a trading volume of 1,373,973 shares, compared to its average volume of 2,384,741. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16. The stock has a market cap of $27.72 billion, a P/E ratio of 27.22 and a beta of 1.14. The firm has a 50 day simple moving average of $79.79 and a two-hundred day simple moving average of $75.66.

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).