Motive Wealth Advisors Has $6.89 Million Stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Motive Wealth Advisors raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 54.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,139 shares of the company’s stock after purchasing an additional 33,221 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises about 4.2% of Motive Wealth Advisors’ portfolio, making the stock its 9th largest holding. Motive Wealth Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,886,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SPYG. Morgan Stanley grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 12.1% during the third quarter. Morgan Stanley now owns 5,745,319 shares of the company’s stock worth $340,583,000 after acquiring an additional 619,609 shares during the last quarter. Comerica Bank bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $4,134,000. EP Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 120.9% during the third quarter. EP Wealth Advisors LLC now owns 9,714 shares of the company’s stock worth $576,000 after acquiring an additional 5,317 shares during the last quarter. Scarborough Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $2,132,000. Finally, Fidelity D & D Bancorp Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $642,000.

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

SPYG stock traded up $0.57 during trading on Friday, hitting $82.91. The company had a trading volume of 1,886,432 shares, compared to its average volume of 2,258,099. The firm has a market capitalization of $28.46 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The business has a 50 day moving average of $77.98 and a 200 day moving average of $72.69. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $56.78 and a fifty-two week high of $84.16.

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).