Fortis Group Advisors LLC Buys 11,449 Shares of SPDR Portfolio S&P 500 Growth ETF $SPYG

Fortis Group Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 107,405 shares of the company’s stock after acquiring an additional 11,449 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises about 2.0% of Fortis Group Advisors LLC’s holdings, making the stock its 9th largest position. Fortis Group Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $11,606,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Clayton Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $26,000. Quaker Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 292.9% during the 2nd quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after purchasing an additional 457 shares in the last quarter. CGC Financial Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $30,000. Grey Fox Wealth Advisors LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $41,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% during the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after buying an additional 316 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.3%

NYSEARCA SPYG opened at $103.35 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.65 and a 12-month high of $109.63. The firm’s 50 day moving average is $106.50 and its 200-day moving average is $104.65. The company has a market capitalization of $44.08 billion, a PE ratio of 32.28 and a beta of 1.11.

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.