SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Stock Position Lifted by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,866 shares of the company’s stock after buying an additional 9,909 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF makes up about 0.9% of Cornerstone Wealth Management LLC’s holdings, making the stock its 20th biggest position. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently 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 worth approximately $36,000. Costello Asset Management INC grew its position in SPDR Portfolio S&P 500 Growth ETF by 58.0% in the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after acquiring an additional 200 shares in the last quarter. Urban Financial Advisory Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $45,000. West Branch Capital LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 916.1% during the 4th quarter. West Branch Capital LLC now owns 569 shares of the company’s stock worth $50,000 after purchasing an additional 513 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $52,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.5 %

Shares of NYSEARCA:SPYG opened at $92.37 on Friday. The stock has a market capitalization of $31.71 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 $66.89 and a 1 year high of $92.37. The firm has a fifty day moving average price of $88.68 and a 200 day moving average price of $83.92.

SPDR Portfolio S&P 500 Growth ETF 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).