Bridgewealth Advisory Group LLC Buys 63,071 Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Bridgewealth Advisory Group LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 641.5% during the 1st quarter, HoldingsChannel reports. The firm owned 72,903 shares of the company’s stock after purchasing an additional 63,071 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises 2.6% of Bridgewealth Advisory Group LLC’s holdings, making the stock its 11th biggest position. Bridgewealth Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $5,333,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of SPYG. Capital Investment Advisory Services LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 3.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 28,466 shares of the company’s stock valued at $1,852,000 after buying an additional 826 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 116.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 176,939 shares of the company’s stock valued at $11,512,000 after purchasing an additional 95,299 shares during the last quarter. Wade G W & Inc. increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 26.3% in the fourth quarter. Wade G W & Inc. now owns 16,341 shares of the company’s stock worth $1,063,000 after purchasing an additional 3,400 shares during the period. AMJ Financial Wealth Management acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $921,000. Finally, Salem Investment Counselors Inc. lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2,446.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 764 shares of the company’s stock worth $56,000 after purchasing an additional 734 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7 %

SPYG traded up $0.58 during midday trading on Monday, reaching $80.71. The company’s stock had a trading volume of 4,887,258 shares, compared to its average volume of 2,286,875. The company has a fifty day simple moving average of $75.85 and a 200 day simple moving average of $71.67. The stock has a market cap of $27.70 billion, a P/E ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $56.78 and a twelve month high of $81.51.

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).