SPDR Portfolio S&P 500 Growth ETF $SPYG Stock Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,715 shares of the company’s stock after buying an additional 24,984 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises 1.3% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Cornerstone Wealth Management LLC owned approximately 0.05% of SPDR Portfolio S&P 500 Growth ETF worth $30,119,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPYG. Halbert Hargrove Global Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $26,000. Evelyn Partners Asset Management Ltd bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $35,000. Oakworth Capital Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $35,000. Center for Financial Planning Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 482.4% during the 3rd quarter. Center for Financial Planning Inc. now owns 297 shares of the company’s stock worth $37,000 after acquiring an additional 246 shares during the period. Finally, Archer Investment Corp boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 527.9% during the 1st quarter. Archer Investment Corp now owns 383 shares of the company’s stock valued at $38,000 after acquiring an additional 322 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $114.24 on Wednesday. The firm has a market cap of $53.24 billion, a P/E ratio of 32.28 and a beta of 1.17. The firm’s 50-day simple moving average is $120.96 and its 200-day simple moving average is $114.45. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $127.13.

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.