Carnegie Investment Counsel Boosts Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Carnegie Investment Counsel grew its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 10.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 133,082 shares of the company’s stock after buying an additional 12,188 shares during the period. Carnegie Investment Counsel’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $13,030,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SPYG. United Financial Planning Group LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. boosted its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% during the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock worth $27,000 after buying an additional 216 shares during the period. Financial Life Planners purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $27,000. Indiana Trust & Investment Management Co purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the first quarter worth about $27,000. Finally, New Millennium Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at about $29,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.6%

Shares of SPYG traded up $0.72 during trading on Friday, reaching $120.00. 1,610,089 shares of the company traded hands, compared to its average volume of 4,502,777. The stock has a 50-day simple moving average of $118.03 and a 200-day simple moving average of $109.62. The stock has a market cap of $53.09 billion, a PE ratio of 32.28 and a beta of 1.17. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $122.92.

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.