Tcfg Wealth Management LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Tcfg Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the fourth quarter, Holdings Channel reports. The institutional investor bought 2,597 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 4.5% during the third 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 period. Allworth Financial LP raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% during the third quarter. Allworth Financial LP now owns 13,177,373 shares of the company’s stock worth $1,092,931,000 after purchasing an additional 249,829 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,161,827 shares of the company’s stock worth $428,122,000 after acquiring an additional 122,184 shares during the period. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 3rd quarter. Valmark Advisers Inc. now owns 4,638,687 shares of the company’s stock worth $384,733,000 after acquiring an additional 107,423 shares during the period. Finally, HB Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.3% in the 4th quarter. HB Wealth Management LLC now owns 4,634,594 shares of the company’s stock worth $393,827,000 after acquiring an additional 58,372 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.2 %

SPYG stock opened at $92.33 on Monday. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.48 and a fifty-two week high of $92.76. The firm’s 50-day simple moving average is $89.93 and its 200 day simple moving average is $85.17. The stock has a market cap of $31.69 billion, a PE ratio of 27.22 and a beta of 1.14.

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).