Inman Jager Wealth Management LLC Acquires 8,027 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Inman Jager Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 28.7% during the first quarter, HoldingsChannel reports. The firm owned 36,005 shares of the company’s stock after purchasing an additional 8,027 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 2.2% of Inman Jager Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. Inman Jager Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $2,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nemes Rush Group LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 108.1% in the fourth quarter. Nemes Rush Group LLC now owns 281 shares of the company’s stock worth $25,000 after buying an additional 146 shares during the last quarter. BankPlus Trust Department bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth $25,000. Barrett & Company Inc. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth $32,000. SRS Capital Advisors Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 226.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 574 shares of the company’s stock worth $50,000 after acquiring an additional 398 shares during the last quarter. Finally, Ameriflex Group Inc. bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at about $53,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4%

NYSEARCA SPYG opened at $93.37 on Thursday. The company has a market cap of $36.86 billion, a PE ratio of 32.28 and a beta of 1.12. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $93.86. The firm’s 50-day simple moving average is $87.20 and its two-hundred day simple moving average is $86.63.

SPDR Portfolio S&P 500 Growth ETF 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).