Garrett Wealth Advisory Group LLC Has $33.78 Million Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Garrett Wealth Advisory Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 384,327 shares of the company’s stock after purchasing an additional 24,757 shares during the period. SPDR Portfolio S&P 500 Growth ETF accounts for 7.7% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 3rd biggest holding. Garrett Wealth Advisory Group LLC owned about 0.11% of SPDR Portfolio S&P 500 Growth ETF worth $33,782,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Stephens Inc. AR grew its stake in SPDR Portfolio S&P 500 Growth ETF by 7.6% in the third quarter. Stephens Inc. AR now owns 19,673 shares of the company’s stock valued at $1,632,000 after purchasing an additional 1,383 shares during the last quarter. Optas LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.7% in the 3rd quarter. Optas LLC now owns 195,629 shares of the company’s stock worth $16,226,000 after buying an additional 3,217 shares during the last quarter. Carmichael Hill & Associates Inc. grew its position in shares of SPDR Portfolio S&P 500 Growth ETF by 344.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 4,832 shares of the company’s stock worth $401,000 after buying an additional 3,744 shares during the last quarter. Empire Life Investments Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.6% during the 3rd quarter. Empire Life Investments Inc. now owns 30,888 shares of the company’s stock worth $2,562,000 after acquiring an additional 3,200 shares in the last quarter. Finally, Angeles Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 Growth ETF by 94.3% during the third quarter. Angeles Wealth Management LLC now owns 14,292 shares of the company’s stock valued at $1,185,000 after acquiring an additional 6,938 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Trading Up 1.8 %

NYSEARCA SPYG opened at $87.59 on Monday. The firm’s fifty day simple moving average is $89.90 and its two-hundred day simple moving average is $86.13. The firm has a market capitalization of $34.54 billion, a P/E ratio of 32.27 and a beta of 1.07. SPDR Portfolio S&P 500 Growth ETF has a 12-month low of $68.48 and a 12-month high of $92.76.

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).