Channel Wealth LLC Increases Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Channel Wealth LLC grew its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,973 shares of the company’s stock after purchasing an additional 449 shares during the quarter. Channel Wealth LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SPYG. Brown Brothers Harriman & Co. acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $36,000. Costello Asset Management INC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% during the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after buying an additional 200 shares during the last quarter. Urban Financial Advisory Corp acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $45,000. Hollencrest Capital Management purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter valued at $49,000. Finally, Creekmur Asset Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG opened at $88.73 on Friday. The firm has a fifty day moving average price of $88.43 and a 200 day moving average price of $83.66. The stock has a market cap of $30.46 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $64.63 and a 1-year high of $91.49.

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).