PMG Wealth Management Inc. Makes New Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

PMG Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report) during the fourth quarter, Holdings Channel reports. The fund bought 37,604 shares of the company’s stock, valued at approximately $3,305,000. SPDR Portfolio S&P 500 Growth ETF accounts for 3.0% of PMG Wealth Management Inc.’s investment portfolio, making the stock its 15th largest holding.

Other large investors have also modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $36,000. Valued Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth approximately $41,000. Costello Asset Management INC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares during the last quarter. Urban Financial Advisory Corp acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $45,000. Finally, West Branch Capital LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 916.1% in the fourth quarter. West Branch Capital LLC now owns 569 shares of the company’s stock valued at $50,000 after acquiring an additional 513 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.3 %

Shares of SPYG opened at $89.59 on Friday. The firm has a market cap of $30.75 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.48 and a 12 month high of $92.76. The stock has a fifty day moving average price of $90.11 and a 200-day moving average price of $85.48.

About SPDR Portfolio S&P 500 Growth ETF

(Free Report)

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).

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Want to see what other hedge funds are holding SPYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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