Diligent Investors LLC Makes New $20.01 Million Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Diligent Investors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 162,576 shares of the company’s stock, valued at approximately $20,010,000. SPDR Portfolio S&P 500 Growth ETF makes up 4.3% of Diligent Investors LLC’s investment portfolio, making the stock its 2nd largest position.

A number of other large investors have also added to or reduced their stakes in SPYG. Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $26,000. Financial Life Planners bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $27,000. Indiana Trust & Investment Management Co bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $27,000. Cornerstone Financial Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter valued at about $38,000. Finally, Davis Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $43,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7%

Shares of NYSEARCA SPYG opened at $122.04 on Thursday. The stock’s 50-day moving average is $122.14 and its 200 day moving average is $118.16. The stock has a market cap of $56.43 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $127.13.

SPDR Portfolio S&P 500 Growth ETF Company 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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.