SPDR Portfolio S&P 500 Growth ETF $SPYG Stock: Cornerstone Wealth Management LLC Boosts Stake

Cornerstone Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 11.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,715 shares of the company’s stock after buying an additional 24,984 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 1.3% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $30,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Csenge Advisory Group lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.2% during the third quarter. Csenge Advisory Group now owns 6,222 shares of the company’s stock valued at $766,000 after acquiring an additional 193 shares during the period. Fingerlakes Wealth Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 9.0% in the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 10,396 shares of the company’s stock worth $1,280,000 after purchasing an additional 862 shares during the last quarter. Idaho Trust Co bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth about $2,258,000. Gryphon Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 156.6% during the 3rd quarter. Gryphon Financial Partners LLC now owns 6,219 shares of the company’s stock worth $765,000 after purchasing an additional 3,795 shares in the last quarter. Finally, Kestra Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 3.3% during the 3rd quarter. Kestra Investment Management LLC now owns 3,017,788 shares of the company’s stock worth $371,429,000 after purchasing an additional 97,567 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.8%

Shares of SPDR Portfolio S&P 500 Growth ETF stock opened at $114.24 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $93.61 and a 12-month high of $127.13. The stock has a market capitalization of $53.24 billion, a P/E ratio of 32.28 and a beta of 1.17. The company has a 50-day simple moving average of $120.96 and a 200 day simple moving average of $114.45.

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). 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.