SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: IFG Advisory LLC Boosts Holdings

IFG Advisory LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 13.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 273,605 shares of the company’s stock after purchasing an additional 32,396 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 1.1% of IFG Advisory LLC’s investment portfolio, making the stock its 10th biggest holding. IFG Advisory LLC owned 0.06% of SPDR Portfolio S&P 500 Growth ETF worth $33,675,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Optas LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 4.1% during the 3rd quarter. Optas LLC now owns 196,867 shares of the company’s stock valued at $24,231,000 after buying an additional 7,810 shares during the last quarter. Dogwood Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 79.1% in the third quarter. Dogwood Wealth Management LLC now owns 134,078 shares of the company’s stock worth $16,502,000 after buying an additional 59,235 shares during the last quarter. Condor Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $403,000. Channel Wealth LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $446,000. Finally, 10Elms LLP acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter worth about $28,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock traded down $1.05 during trading on Friday, hitting $114.81. 1,691,340 shares of the company traded hands, compared to its average volume of 3,709,818. The stock’s 50-day simple moving average is $120.66 and its 200 day simple moving average is $114.57. The company has a market cap of $52.86 billion, a PE ratio of 25.24 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.

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). 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.