Apella Capital LLC Makes New Investment in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Apella Capital LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,686 shares of the company’s stock, valued at approximately $793,000.

A number of other hedge funds have also modified their holdings of the company. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 Growth ETF by 7.2% during the 2nd quarter. LPL Financial LLC now owns 30,048,719 shares of the company’s stock worth $2,407,804,000 after buying an additional 2,013,457 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 125.1% in the second quarter. Envestnet Asset Management Inc. now owns 12,065,732 shares of the company’s stock worth $966,827,000 after acquiring an additional 6,706,045 shares in the last quarter. HB Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.2% during the second quarter. HB Wealth Management LLC now owns 4,407,041 shares of the company’s stock worth $342,273,000 after purchasing an additional 257,647 shares during the period. Dynasty Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $262,606,000. Finally, Advisory Alpha LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.9% during the 2nd quarter. Advisory Alpha LLC now owns 3,200,240 shares of the company’s stock valued at $256,441,000 after purchasing an additional 313,466 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

NYSEARCA SPYG traded up $0.92 during trading hours on Friday, reaching $82.84. 1,119,770 shares of the company’s stock were exchanged, compared to its average volume of 2,307,704. The company has a market capitalization of $28.43 billion, a price-to-earnings ratio of 27.22 and a beta of 1.14. The company’s 50-day moving average is $79.60 and its two-hundred day moving average is $77.28. SPDR Portfolio S&P 500 Growth ETF has a one year low of $56.78 and a one year high of $84.16.

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).