Sterling Manor Financial LLC Purchases 82,600 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Sterling Manor Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 82,600 shares of the company’s stock, valued at approximately $10,166,000. SPDR Portfolio S&P 500 Growth ETF makes up about 5.8% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other hedge funds also recently bought and sold shares of SPYG. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 10.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,489,431 shares of the company’s stock worth $1,129,147,000 after buying an additional 903,774 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 4.8% during the 1st quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock valued at $478,226,000 after buying an additional 223,140 shares in the last quarter. Orgel Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.0% during the 3rd quarter. Orgel Wealth Management LLC now owns 3,432,643 shares of the company’s stock valued at $422,490,000 after buying an additional 34,234 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at about $375,859,000. Finally, NorthRock Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 6.0% in the 2nd quarter. NorthRock Partners LLC now owns 2,326,724 shares of the company’s stock valued at $276,857,000 after acquiring an additional 132,109 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.9%

Shares of NYSEARCA:SPYG traded up $1.12 during trading on Wednesday, reaching $122.27. The company’s stock had a trading volume of 905,275 shares, compared to its average volume of 3,699,848. The stock has a market capitalization of $56.54 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $93.61 and a 12 month high of $127.13. The firm’s 50 day simple moving average is $122.15 and its two-hundred day simple moving average is $118.00.

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.