Waverly Advisors LLC Increases Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Waverly Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.5% during the first quarter, Holdings Channel reports. The firm owned 989,915 shares of the company’s stock after acquiring an additional 60,364 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 0.7% of Waverly Advisors LLC’s portfolio, making the stock its 24th biggest holding. Waverly Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $96,923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. United Financial Planning Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at $25,000. Hantz Financial Services Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares in the last quarter. Financial Life Planners purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $27,000. Indiana Trust & Investment Management Co purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $27,000. Finally, New Millennium Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG opened at $114.96 on Friday. The company has a market cap of $50.71 billion, a P/E ratio of 32.28 and a beta of 1.17. The stock has a 50-day moving average of $118.14 and a two-hundred day moving average of $110.32. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $93.61 and a 1-year high of $122.92.

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). 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.