29,203 Shares in SPDR Portfolio S&P 500 Growth ETF $SPYG Acquired by Shum Financial Group Inc.

Shum Financial Group Inc. acquired a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 29,203 shares of the company’s stock, valued at approximately $3,052,000. SPDR Portfolio S&P 500 Growth ETF makes up about 2.3% of Shum Financial Group Inc.’s portfolio, making the stock its 13th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Lee Johnson Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at $209,000. Calamos Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $243,000. Shilanski & Associates Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.7% in the third quarter. Shilanski & Associates Inc. now owns 111,318 shares of the company’s stock worth $11,634,000 after acquiring an additional 727 shares during the period. Forefront Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $272,000. Finally, Montz Harcus Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 12.7% during the third quarter. Montz Harcus Wealth Management LLC now owns 3,373 shares of the company’s stock valued at $353,000 after purchasing an additional 380 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.1%

NYSEARCA SPYG opened at $107.48 on Wednesday. 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 has a 50-day moving average price of $106.47 and a 200-day moving average price of $101.98. The firm has a market cap of $45.17 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.