Arete Wealth Advisors LLC Has $15.35 Million Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Arete Wealth Advisors LLC lowered its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 146,859 shares of the company’s stock after selling 8,293 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 0.9% of Arete Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $15,351,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SPYG. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $469,042,000. Symphony Financial Ltd. Co. raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,711.7% during the second quarter. Symphony Financial Ltd. Co. now owns 3,236,291 shares of the company’s stock worth $308,404,000 after purchasing an additional 3,121,192 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 12.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,853,254 shares of the company’s stock valued at $938,988,000 after purchasing an additional 1,120,425 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 9,685.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 855,779 shares of the company’s stock valued at $81,573,000 after purchasing an additional 847,034 shares during the period. Finally, Strategic Financial Concepts LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 9,486.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 851,088 shares of the company’s stock worth $81,126,000 after purchasing an additional 842,210 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $103.57 on Friday. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $109.63. The company’s 50 day moving average price is $106.23 and its two-hundred day moving average price is $104.91. The company has a market capitalization of $44.17 billion, a P/E ratio of 32.28 and a beta of 1.11.

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.