Bridgewealth Advisory Group LLC Takes Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Bridgewealth Advisory Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,832 shares of the company’s stock, valued at approximately $640,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.1% during the third quarter. LPL Financial LLC now owns 23,149,326 shares of the company’s stock worth $1,372,292,000 after buying an additional 1,322,547 shares in the last quarter. Financial Engines Advisors L.L.C. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 22,180,268 shares of the company’s stock worth $1,314,846,000 after buying an additional 182,515 shares in the last quarter. Allworth Financial LP grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.9% during the fourth quarter. Allworth Financial LP now owns 12,447,369 shares of the company’s stock worth $809,826,000 after buying an additional 350,344 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 136.2% during the third quarter. Envestnet Asset Management Inc. now owns 10,264,883 shares of the company’s stock worth $608,502,000 after buying an additional 5,918,534 shares in the last quarter. Finally, Morgan Stanley boosted its position in SPDR Portfolio S&P 500 Growth ETF by 12.1% in the third quarter. Morgan Stanley now owns 5,745,319 shares of the company’s stock worth $340,583,000 after purchasing an additional 619,609 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.2 %

SPYG stock opened at $71.64 on Monday. The stock’s fifty day simple moving average is $71.92 and its two-hundred day simple moving average is $66.81. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $54.73 and a 1-year high of $74.10. The stock has a market cap of $24.43 billion, a P/E ratio of 27.72 and a beta of 1.10.

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).