Wealth Management Resources Inc. Makes New Investment in SPDR Portfolio S&P 500 Growth ETF $SPYG

Wealth Management Resources Inc. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 201,582 shares of the company’s stock, valued at approximately $24,811,000. SPDR Portfolio S&P 500 Growth ETF makes up approximately 7.7% of Wealth Management Resources Inc.’s holdings, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPYG. Carnegie Investment Counsel acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth about $15,971,000. Ironwood Financial llc purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $387,000. Oregon Pacific Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 1.3% during the 3rd quarter. Oregon Pacific Wealth Management LLC now owns 8,369 shares of the company’s stock valued at $1,030,000 after purchasing an additional 107 shares during the last quarter. Sentinel Advisory Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the third quarter. Sentinel Advisory Group LLC now owns 157,742 shares of the company’s stock valued at $19,415,000 after purchasing an additional 1,879 shares during the period. Finally, Diversify Advisory Services LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.8% in the third quarter. Diversify Advisory Services LLC now owns 1,903,732 shares of the company’s stock valued at $233,531,000 after purchasing an additional 137,651 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.2%

Shares of NYSEARCA:SPYG opened at $121.15 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $127.13. The stock has a market cap of $56.02 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17. The business has a 50-day moving average price of $122.15 and a 200-day moving average price of $118.00.

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.