HBK Sorce Advisory LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

HBK Sorce Advisory LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,514 shares of the company’s stock, valued at approximately $1,216,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gilbert Capital Group Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter worth approximately $5,086,000. SCS Capital Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.4% in the 2nd quarter. SCS Capital Management LLC now owns 1,836,568 shares of the company’s stock worth $175,062,000 after buying an additional 43,304 shares during the period. Cresset Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 32.3% in the second quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock valued at $1,977,000 after acquiring an additional 5,065 shares during the last quarter. Canandaigua National Bank & Trust Co. grew its position in SPDR Portfolio S&P 500 Growth ETF by 0.9% during the third quarter. Canandaigua National Bank & Trust Co. now owns 576,979 shares of the company’s stock valued at $60,300,000 after acquiring an additional 5,200 shares during the period. Finally, Motive Wealth Advisors increased its stake in SPDR Portfolio S&P 500 Growth ETF by 25.5% during the second quarter. Motive Wealth Advisors now owns 82,939 shares of the company’s stock worth $7,906,000 after acquiring an additional 16,875 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:SPYG opened at $107.64 on Tuesday. The stock has a 50-day simple moving average of $106.42 and a 200-day simple moving average of $101.87. The stock has a market capitalization of $45.24 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63.

SPDR Portfolio S&P 500 Growth ETF Company 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.