Lowe Wealth Advisors LLC Raises Stock Holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Lowe Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 93.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,124 shares of the company’s stock after buying an additional 543 shares during the period. Lowe Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $99,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYG. Brown Brothers Harriman & Co. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter worth approximately $36,000. Costello Asset Management INC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 58.0% during the third quarter. Costello Asset Management INC now owns 545 shares of the company’s stock valued at $45,000 after acquiring an additional 200 shares in the last quarter. Urban Financial Advisory Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at $45,000. Hollencrest Capital Management purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth $49,000. Finally, Creekmur Asset Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPYG stock traded down $1.23 during trading hours on Friday, hitting $87.53. The stock had a trading volume of 2,112,415 shares, compared to its average volume of 2,433,812. The stock has a market capitalization of $30.04 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. SPDR Portfolio S&P 500 Growth ETF has a one year low of $64.63 and a one year high of $91.49. The stock’s 50-day moving average price is $88.09 and its two-hundred day moving average price is $83.39.

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).