Gateway Wealth Partners LLC Increases Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Gateway Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 107.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 53,616 shares of the company’s stock after buying an additional 27,802 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up approximately 1.0% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,111,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Allworth Financial LP increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.2% during the second quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock valued at $1,081,773,000 after acquiring an additional 131,104 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 77.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,227,943 shares of the company’s stock worth $974,928,000 after purchasing an additional 4,470,135 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.2% during the 1st quarter. Ameriprise Financial Inc. now owns 8,732,829 shares of the company’s stock worth $701,653,000 after purchasing an additional 583,587 shares during the period. JPMorgan Chase & Co. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 3.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after purchasing an additional 198,401 shares during the last quarter. Finally, Townsquare Capital LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 5.9% in the 1st quarter. Townsquare Capital LLC now owns 4,209,404 shares of the company’s stock worth $338,310,000 after purchasing an additional 233,536 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:SPYG opened at $107.47 on Friday. The firm has a market capitalization of $45.17 billion, a PE ratio of 32.28 and a beta of 1.11. The business has a 50 day simple moving average of $105.58 and a two-hundred day simple moving average of $99.72. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63.

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).