SPDR Portfolio S&P 500 Growth ETF $SPYG is Orgel Wealth Management LLC’s 3rd Largest Position

Orgel Wealth Management LLC reduced its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,690,972 shares of the company’s stock after selling 137,421 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for approximately 8.7% of Orgel Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Orgel Wealth Management LLC owned about 0.87% of SPDR Portfolio S&P 500 Growth ETF worth $393,827,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock valued at $1,190,875,000 after acquiring an additional 45,989 shares during the last quarter. Envestnet Asset Management Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock worth $1,147,764,000 after acquiring an additional 754,395 shares during the last quarter. Ameriprise Financial Inc. grew its position in SPDR Portfolio S&P 500 Growth ETF by 0.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock worth $1,036,342,000 after acquiring an additional 61,348 shares during the last quarter. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 500 Growth ETF by 3.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock worth $537,860,000 after purchasing an additional 198,401 shares during the period. Finally, HB Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 9.2% in the 3rd quarter. HB Wealth Management LLC now owns 4,769,364 shares of the company’s stock worth $479,781,000 after purchasing an additional 402,591 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $98.91 on Friday. The company has a market capitalization of $42.19 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The stock has a 50 day moving average price of $104.71 and a two-hundred day moving average price of $105.17.

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.