SCS Capital Management LLC Boosts Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

SCS Capital Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,836,568 shares of the company’s stock after acquiring an additional 43,304 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.9% of SCS Capital Management LLC’s holdings, making the stock its 16th biggest position. SCS Capital Management LLC owned about 0.46% of SPDR Portfolio S&P 500 Growth ETF worth $175,062,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. Jericho Financial LLP raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.7% during the second quarter. Jericho Financial LLP now owns 19,174 shares of the company’s stock valued at $1,828,000 after acquiring an additional 125 shares during the period. Mustard Seed Financial LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.9% during the first quarter. Mustard Seed Financial LLC now owns 2,788 shares of the company’s stock worth $224,000 after purchasing an additional 129 shares in the last quarter. Nova Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.1% during the second quarter. Nova Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $114,000 after purchasing an additional 130 shares in the last quarter. AMJ Financial Wealth Management raised its stake in SPDR Portfolio S&P 500 Growth ETF by 0.8% during the 2nd quarter. AMJ Financial Wealth Management now owns 17,999 shares of the company’s stock valued at $1,716,000 after purchasing an additional 135 shares during the period. Finally, TCP Asset Management LLC lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.4% in the 2nd quarter. TCP Asset Management LLC now owns 4,573 shares of the company’s stock worth $436,000 after purchasing an additional 149 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $107.47 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63. The business has a 50 day simple moving average of $105.58 and a two-hundred day simple moving average of $99.72. The company has a market capitalization of $45.17 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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).