Flagship Private Wealth LLC Boosts Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Flagship Private Wealth LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 44.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,777 shares of the company’s stock after buying an additional 2,101 shares during the quarter. Flagship Private Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $596,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 31,403,162 shares of the company’s stock worth $2,604,578,000 after purchasing an additional 1,354,443 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $105,920,000. Cannon Financial Strategists Inc. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $66,890,000. Flagship Harbor Advisors LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $56,722,000. Finally, Orgel Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 19.7% in the 4th quarter. Orgel Wealth Management LLC now owns 3,309,979 shares of the company’s stock valued at $290,947,000 after acquiring an additional 544,211 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.4 %

SPYG stock opened at $92.02 on Friday. The stock has a market capitalization of $31.59 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $66.89 and a 52-week high of $92.76. The stock’s fifty day simple moving average is $88.92 and its 200-day simple moving average is $84.04.

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).