SPDR Portfolio S&P 500 Growth ETF $SPYG Shares Purchased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 68.6% during the second quarter, Holdings Channel.com reports. The fund owned 17,855 shares of the company’s stock after purchasing an additional 7,262 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $1,702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 9.9% in the first quarter. DAVENPORT & Co LLC now owns 2,999 shares of the company’s stock valued at $241,000 after acquiring an additional 270 shares during the last quarter. Motive Wealth Advisors boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 25.5% in the second quarter. Motive Wealth Advisors now owns 82,939 shares of the company’s stock worth $7,906,000 after buying an additional 16,875 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 593,721 shares of the company’s stock worth $47,717,000 after buying an additional 13,149 shares during the period. QRG Capital Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 57.0% in the first quarter. QRG Capital Management Inc. now owns 5,514 shares of the company’s stock worth $443,000 after buying an additional 2,001 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 7.9% in the second quarter. Parallel Advisors LLC now owns 3,116 shares of the company’s stock worth $297,000 after buying an additional 229 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of NYSEARCA SPYG opened at $104.56 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $106.22. The business has a 50-day moving average of $101.81 and a 200-day moving average of $93.11. The company has a market capitalization of $43.57 billion, a price-to-earnings ratio of 32.28 and a beta of 1.05.

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).