34,234 SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Acquired by Orgel Wealth Management LLC

Orgel Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,432,643 shares of the company’s stock after purchasing an additional 34,234 shares during the period. SPDR Portfolio S&P 500 Growth ETF makes up about 8.0% of Orgel Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Orgel Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $422,490,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $27,000. Indiana Trust & Investment Management Co bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $27,000. Evelyn Partners Asset Management Ltd bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth about $35,000. Archer Investment Corp grew its holdings in 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 worth $38,000 after acquiring an additional 322 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth about $38,000.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG opened at $122.73 on Thursday. The company has a market capitalization of $56.76 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The company’s 50-day simple moving average is $122.24 and its two-hundred day simple moving average is $117.30. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year 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.