Kestra Advisory Services LLC Increases Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Kestra Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 15.6% in the first quarter, Holdings Channel.com reports. The firm owned 861,028 shares of the company’s stock after acquiring an additional 115,908 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $84,303,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYG. Money Concepts Capital Corp increased its stake in SPDR Portfolio S&P 500 Growth ETF by 12.1% during the 1st quarter. Money Concepts Capital Corp now owns 44,239 shares of the company’s stock worth $4,331,000 after buying an additional 4,763 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in SPDR Portfolio S&P 500 Growth ETF by 1.5% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 51,717 shares of the company’s stock valued at $5,064,000 after buying an additional 770 shares during the last quarter. SilverOak Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.8% during the first quarter. SilverOak Wealth Management LLC now owns 637,452 shares of the company’s stock valued at $62,413,000 after acquiring an additional 17,491 shares in the last quarter. Cvfg LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at about $26,404,000. Finally, Jericho Financial LLP increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.0% during the first quarter. Jericho Financial LLP now owns 15,675 shares of the company’s stock worth $1,535,000 after acquiring an additional 307 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA:SPYG opened at $119.28 on Friday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $93.61 and a one year high of $122.92. The business’s 50-day simple moving average is $117.86 and its 200 day simple moving average is $109.55. The stock has a market cap of $52.75 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF Company 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.