Montz Harcus Wealth Management LLC Acquires 60,892 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Montz Harcus Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1,007.1% during the second quarter, HoldingsChannel.com reports. The firm owned 66,938 shares of the company’s stock after buying an additional 60,892 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 2.6% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $7,965,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% during the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock worth $1,730,624,000 after purchasing an additional 7,939,766 shares during the period. Allworth Financial LP lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after buying an additional 990,106 shares during the period. JPMorgan Chase & Co. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,768,335 shares of the company’s stock worth $615,481,000 after buying an additional 258,138 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 4.8% during the first quarter. Valmark Advisers Inc. now owns 4,884,338 shares of the company’s stock worth $478,226,000 after buying an additional 223,140 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.5% during the 4th quarter. Raymond James Financial Inc. now owns 4,030,332 shares of the company’s stock worth $430,036,000 after buying an additional 60,096 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.3%

SPDR Portfolio S&P 500 Growth ETF stock opened at $121.86 on Friday. The firm has a market capitalization of $53.95 billion, a P/E ratio of 32.28 and a beta of 1.17. The business has a 50-day moving average of $119.16 and a 200-day moving average of $113.14. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $93.61 and a 1 year high of $124.04.

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.