Western Wealth Management LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Western Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 392,110 shares of the company’s stock after purchasing an additional 14,887 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up 1.4% of Western Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Western Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $38,391,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth $25,000. Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% in the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 216 shares during the period. Financial Life Planners bought a new stake 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 stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $27,000. Finally, New Millennium Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG stock opened at $115.47 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $122.92. The company has a market cap of $51.08 billion, a P/E ratio of 32.28 and a beta of 1.17. The firm has a 50-day moving average of $117.86 and a 200 day moving average of $110.52.

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.