Gentry Private Wealth LLC Makes New $2.23 Million Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Gentry Private Wealth LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the second quarter, Holdings Channel reports. The institutional investor bought 27,849 shares of the company’s stock, valued at approximately $2,232,000. SPDR Portfolio S&P 500 Growth ETF makes up about 2.0% of Gentry Private Wealth LLC’s portfolio, making the stock its 8th biggest holding.

Several other hedge funds have also made changes to their positions in the business. Vantage Financial Partners LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at $1,628,000. 9258 Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 11.3% during the 4th quarter. 9258 Wealth Management LLC now owns 315,080 shares of the company’s stock worth $20,499,000 after acquiring an additional 32,043 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $213,000. Gryphon Financial Partners LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $891,000. Finally, Concourse Financial Group Securities Inc. grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 18.2% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 20,571 shares of the company’s stock valued at $1,338,000 after purchasing an additional 3,167 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 2.2 %

NYSEARCA:SPYG opened at $76.41 on Friday. The company has a market capitalization of $26.23 billion, a PE ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $56.78 and a 52-week high of $84.16. The stock has a fifty day simple moving average of $79.61 and a 200-day simple moving average of $75.94.

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).