Gemmer Asset Management LLC Buys Shares of 2,275 SPDR Portfolio S&P 500 Growth ETF $SPYG

Gemmer Asset Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 2nd quarter, Holdings Channel reports. The fund bought 2,275 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Simplicity Wealth LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 88.2% in the second quarter. Simplicity Wealth LLC now owns 35,441 shares of the company’s stock valued at $3,378,000 after buying an additional 16,609 shares during the period. OLD National Bancorp IN lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 6.2% in the second quarter. OLD National Bancorp IN now owns 1,188,453 shares of the company’s stock valued at $113,283,000 after buying an additional 69,589 shares during the period. Private Wealth Group LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 24.2% in the second quarter. Private Wealth Group LLC now owns 50,265 shares of the company’s stock valued at $4,791,000 after buying an additional 9,800 shares during the period. MBL Wealth LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at about $3,604,000. Finally, Realta Investment Advisors lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 34.7% in the second quarter. Realta Investment Advisors now owns 5,638 shares of the company’s stock valued at $537,000 after buying an additional 1,453 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.3%

NYSEARCA:SPYG opened at $104.83 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $105.57. The business’s 50-day moving average price is $101.04 and its two-hundred day moving average price is $92.12. The firm has a market capitalization of $43.64 billion, a price-to-earnings ratio of 32.28 and a beta of 1.05.

SPDR Portfolio S&P 500 Growth ETF 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).