Horizon Wealth Management LLC Boosts Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Horizon Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,248 shares of the company’s stock after acquiring an additional 11,760 shares during the period. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.4% of Horizon Wealth Management LLC’s holdings, making the stock its 9th biggest position. Horizon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $22,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of SPYG. True Blue Financial LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 23.9% during the first quarter. True Blue Financial LLC now owns 9,781 shares of the company’s stock worth $958,000 after purchasing an additional 1,884 shares during the last quarter. Vertrix Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF in the first quarter worth about $7,816,000. Financial Life Planners bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $27,000. Tcfg Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the first quarter valued at about $254,000. Finally, Flagship Private Wealth LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 6.7% in the first quarter. Flagship Private Wealth LLC now owns 7,036 shares of the company’s stock valued at $689,000 after buying an additional 440 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.5%

Shares of NYSEARCA SPYG opened at $118.44 on Thursday. The stock’s 50 day moving average price is $117.08 and its two-hundred day moving average price is $109.02. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The stock has a market capitalization of $52.62 billion, a P/E ratio of 32.28 and a beta of 1.17.

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.