Sigma Planning Corp Invests $214,000 in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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Sigma Planning Corp bought a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,522 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors have also recently modified their holdings of the company. Koshinski Asset Management Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at $210,000. IPG Investment Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 10.3% in the first quarter. IPG Investment Advisors LLC now owns 10,076 shares of the company’s stock valued at $375,000 after acquiring an additional 945 shares in the last quarter. Horizon Investments LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 43.0% in the first quarter. Horizon Investments LLC now owns 7,191,589 shares of the company’s stock valued at $267,599,000 after acquiring an additional 2,162,335 shares in the last quarter. Wrapmanager Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 17.9% in the first quarter. Wrapmanager Inc. now owns 229,619 shares of the company’s stock valued at $8,544,000 after acquiring an additional 34,810 shares in the last quarter. Finally, Brookstone Capital Management bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at $444,000.

NYSEARCA:SPYG opened at $38.84 on Friday. The firm’s fifty day simple moving average is $39.14 and its 200 day simple moving average is $37.81. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $30.31 and a twelve month high of $40.00.

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).

Further Reading: Rule of 72

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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