Davies Financial Advisors Inc. Invests $500,000 in SPDR Portfolio S&P 500 Growth ETF $SPYG

Davies Financial Advisors Inc. purchased a new position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,242 shares of the company’s stock, valued at approximately $500,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Motive Wealth Advisors boosted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 25.5% in the 2nd quarter. Motive Wealth Advisors now owns 82,939 shares of the company’s stock valued at $7,906,000 after buying an additional 16,875 shares during the period. Retirement Solution LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth about $265,000. Parallel Advisors LLC lifted its holdings in 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 acquiring an additional 229 shares during the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 1.2% in the second quarter. Allworth Financial LP now owns 11,348,851 shares of the company’s stock valued at $1,081,773,000 after acquiring an additional 131,104 shares during the period. Finally, Focus Financial Network Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.4% during the second quarter. Focus Financial Network Inc. now owns 7,426 shares of the company’s stock valued at $708,000 after purchasing an additional 578 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Down 2.2%

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $104.71 on Friday. The stock has a market capitalization of $44.01 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month high of $109.63. The business’s 50 day simple moving average is $104.93 and its 200-day simple moving average is $97.61.

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).