Baltimore Washington Financial Advisors Inc. Raises Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Baltimore Washington Financial Advisors Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 4.6% during the second quarter, Holdings Channel reports. The institutional investor owned 373,056 shares of the company’s stock after purchasing an additional 16,239 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 1.7% of Baltimore Washington Financial Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Baltimore Washington Financial Advisors Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $29,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.5% in the first quarter. Allworth Financial LP now owns 12,757,730 shares of the company’s stock valued at $933,228,000 after buying an additional 310,361 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% in the 2nd quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock worth $342,273,000 after acquiring an additional 257,647 shares during the period. UBS Group AG increased its stake in SPDR Portfolio S&P 500 Growth ETF by 6.4% in the 4th quarter. UBS Group AG now owns 3,644,808 shares of the company’s stock valued at $237,131,000 after purchasing an additional 217,894 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth $262,606,000. Finally, Bank of New York Mellon Corp boosted its position in SPDR Portfolio S&P 500 Growth ETF by 15.5% during the first quarter. Bank of New York Mellon Corp now owns 3,443,203 shares of the company’s stock worth $251,870,000 after purchasing an additional 462,228 shares in the last quarter.

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

Shares of SPYG stock opened at $80.75 on Friday. The stock has a market cap of $27.72 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $84.16. The business has a fifty day simple moving average of $79.79 and a 200-day simple moving average of $75.70.

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).